Forex trading as a side hustle? : Forex

Everything You Always Wanted To Know About Swaps* (*But Were Afraid To Ask)

Hello, dummies
It's your old pal, Fuzzy.
As I'm sure you've all noticed, a lot of the stuff that gets posted here is - to put it delicately - fucking ridiculous. More backwards-ass shit gets posted to wallstreetbets than you'd see on a Westboro Baptist community message board. I mean, I had a look at the daily thread yesterday and..... yeesh. I know, I know. We all make like the divine Laura Dern circa 1992 on the daily and stick our hands deep into this steaming heap of shit to find the nuggets of valuable and/or hilarious information within (thanks for reading, BTW). I agree. I love it just the way it is too. That's what makes WSB great.
What I'm getting at is that a lot of the stuff that gets posted here - notwithstanding it being funny or interesting - is just... wrong. Like, fucking your cousin wrong. And to be clear, I mean the fucking your *first* cousin kinda wrong, before my Southerners in the back get all het up (simmer down, Billy Ray - I know Mabel's twice removed on your grand-sister's side). Truly, I try to let it slide. I do my bit to try and put you on the right path. Most of the time, I sleep easy no matter how badly I've seen someone explain what a bank liquidity crisis is. But out of all of those tens of thousands of misguided, autistic attempts at understanding the world of high finance, one thing gets so consistently - so *emphatically* - fucked up and misunderstood by you retards that last night I felt obligated at the end of a long work day to pull together this edition of Finance with Fuzzy just for you. It's so serious I'm not even going to make a u/pokimane gag. Have you guessed what it is yet? Here's a clue. It's in the title of the post.
That's right, friends. Today in the neighborhood we're going to talk all about hedging in financial markets - spots, swaps, collars, forwards, CDS, synthetic CDOs, all that fun shit. Don't worry; I'm going to explain what all the scary words mean and how they impact your OTM RH positions along the way.
We're going to break it down like this. (1) "What's a hedge, Fuzzy?" (2) Common Hedging Strategies and (3) All About ISDAs and Credit Default Swaps.
Before we begin. For the nerds and JV traders in the back (and anyone else who needs to hear this up front) - I am simplifying these descriptions for the purposes of this post. I am also obviously not going to try and cover every exotic form of hedge under the sun or give a detailed summation of what caused the financial crisis. If you are interested in something specific ask a question, but don't try and impress me with your Investopedia skills or technical points I didn't cover; I will just be forced to flex my years of IRL experience on you in the comments and you'll look like a big dummy.
TL;DR? Fuck you. There is no TL;DR. You've come this far already. What's a few more paragraphs? Put down the Cheetos and try to concentrate for the next 5-7 minutes. You'll learn something, and I promise I'll be gentle.
Ready? Let's get started.
1. The Tao of Risk: Hedging as a Way of Life
The simplest way to characterize what a hedge 'is' is to imagine every action having a binary outcome. One is bad, one is good. Red lines, green lines; uppie, downie. With me so far? Good. A 'hedge' is simply the employment of a strategy to mitigate the effect of your action having the wrong binary outcome. You wanted X, but you got Z! Frowny face. A hedge strategy introduces a third outcome. If you hedged against the possibility of Z happening, then you can wind up with Y instead. Not as good as X, but not as bad as Z. The technical definition I like to give my idiot juniors is as follows:
Utilization of a defensive strategy to mitigate risk, at a fraction of the cost to capital of the risk itself.
Congratulations. You just finished Hedging 101. "But Fuzzy, that's easy! I just sold a naked call against my 95% OTM put! I'm adequately hedged!". Spoiler alert: you're not (although good work on executing a collar, which I describe below). What I'm talking about here is what would be referred to as a 'perfect hedge'; a binary outcome where downside is totally mitigated by a risk management strategy. That's not how it works IRL. Pay attention; this is the tricky part.
You can't take a single position and conclude that you're adequately hedged because risks are fluid, not static. So you need to constantly adjust your position in order to maximize the value of the hedge and insure your position. You also need to consider exposure to more than one category of risk. There are micro (specific exposure) risks, and macro (trend exposure) risks, and both need to factor into the hedge calculus.
That's why, in the real world, the value of hedging depends entirely on the design of the hedging strategy itself. Here, when we say "value" of the hedge, we're not talking about cash money - we're talking about the intrinsic value of the hedge relative to the the risk profile of your underlying exposure. To achieve this, people hedge dynamically. In wallstreetbets terms, this means that as the value of your position changes, you need to change your hedges too. The idea is to efficiently and continuously distribute and rebalance risk across different states and periods, taking value from states in which the marginal cost of the hedge is low and putting it back into states where marginal cost of the hedge is high, until the shadow value of your underlying exposure is equalized across your positions. The punchline, I guess, is that one static position is a hedge in the same way that the finger paintings you make for your wife's boyfriend are art - it's technically correct, but you're only playing yourself by believing it.
Anyway. Obviously doing this as a small potatoes trader is hard but it's worth taking into account. Enough basic shit. So how does this work in markets?
2. A Hedging Taxonomy
The best place to start here is a practical question. What does a business need to hedge against? Think about the specific risk that an individual business faces. These are legion, so I'm just going to list a few of the key ones that apply to most corporates. (1) You have commodity risk for the shit you buy or the shit you use. (2) You have currency risk for the money you borrow. (3) You have rate risk on the debt you carry. (4) You have offtake risk for the shit you sell. Complicated, right? To help address the many and varied ways that shit can go wrong in a sophisticated market, smart operators like yours truly have devised a whole bundle of different instruments which can help you manage the risk. I might write about some of the more complicated ones in a later post if people are interested (CDO/CLOs, strip/stack hedges and bond swaps with option toggles come to mind) but let's stick to the basics for now.
(i) Swaps
A swap is one of the most common forms of hedge instrument, and they're used by pretty much everyone that can afford them. The language is complicated but the concept isn't, so pay attention and you'll be fine. This is the most important part of this section so it'll be the longest one.
Swaps are derivative contracts with two counterparties (before you ask, you can't trade 'em on an exchange - they're OTC instruments only). They're used to exchange one cash flow for another cash flow of equal expected value; doing this allows you to take speculative positions on certain financial prices or to alter the cash flows of existing assets or liabilities within a business. "Wait, Fuzz; slow down! What do you mean sets of cash flows?". Fear not, little autist. Ol' Fuzz has you covered.
The cash flows I'm talking about are referred to in swap-land as 'legs'. One leg is fixed - a set payment that's the same every time it gets paid - and the other is variable - it fluctuates (typically indexed off the price of the underlying risk that you are speculating on / protecting against). You set it up at the start so that they're notionally equal and the two legs net off; so at open, the swap is a zero NPV instrument. Here's where the fun starts. If the price that you based the variable leg of the swap on changes, the value of the swap will shift; the party on the wrong side of the move ponies up via the variable payment. It's a zero sum game.
I'll give you an example using the most vanilla swap around; an interest rate trade. Here's how it works. You borrow money from a bank, and they charge you a rate of interest. You lock the rate up front, because you're smart like that. But then - quelle surprise! - the rate gets better after you borrow. Now you're bagholding to the tune of, I don't know, 5 bps. Doesn't sound like much but on a billion dollar loan that's a lot of money (a classic example of the kind of 'small, deep hole' that's terrible for profits). Now, if you had a swap contract on the rate before you entered the trade, you're set; if the rate goes down, you get a payment under the swap. If it goes up, whatever payment you're making to the bank is netted off by the fact that you're borrowing at a sub-market rate. Win-win! Or, at least, Lose Less / Lose Less. That's the name of the game in hedging.
There are many different kinds of swaps, some of which are pretty exotic; but they're all different variations on the same theme. If your business has exposure to something which fluctuates in price, you trade swaps to hedge against the fluctuation. The valuation of swaps is also super interesting but I guarantee you that 99% of you won't understand it so I'm not going to try and explain it here although I encourage you to google it if you're interested.
Because they're OTC, none of them are filed publicly. Someeeeeetimes you see an ISDA (dsicussed below) but the confirms themselves (the individual swaps) are not filed. You can usually read about the hedging strategy in a 10-K, though. For what it's worth, most modern credit agreements ban speculative hedging. Top tip: This is occasionally something worth checking in credit agreements when you invest in businesses that are debt issuers - being able to do this increases the risk profile significantly and is particularly important in times of economic volatility (ctrl+f "non-speculative" in the credit agreement to be sure).
(ii) Forwards
A forward is a contract made today for the future delivery of an asset at a pre-agreed price. That's it. "But Fuzzy! That sounds just like a futures contract!". I know. Confusing, right? Just like a futures trade, forwards are generally used in commodity or forex land to protect against price fluctuations. The differences between forwards and futures are small but significant. I'm not going to go into super boring detail because I don't think many of you are commodities traders but it is still an important thing to understand even if you're just an RH jockey, so stick with me.
Just like swaps, forwards are OTC contracts - they're not publicly traded. This is distinct from futures, which are traded on exchanges (see The Ballad Of Big Dick Vick for some more color on this). In a forward, no money changes hands until the maturity date of the contract when delivery and receipt are carried out; price and quantity are locked in from day 1. As you now know having read about BDV, futures are marked to market daily, and normally people close them out with synthetic settlement using an inverse position. They're also liquid, and that makes them easier to unwind or close out in case shit goes sideways.
People use forwards when they absolutely have to get rid of the thing they made (or take delivery of the thing they need). If you're a miner, or a farmer, you use this shit to make sure that at the end of the production cycle, you can get rid of the shit you made (and you won't get fucked by someone taking cash settlement over delivery). If you're a buyer, you use them to guarantee that you'll get whatever the shit is that you'll need at a price agreed in advance. Because they're OTC, you can also exactly tailor them to the requirements of your particular circumstances.
These contracts are incredibly byzantine (and there are even crazier synthetic forwards you can see in money markets for the true degenerate fund managers). In my experience, only Texan oilfield magnates, commodities traders, and the weirdo forex crowd fuck with them. I (i) do not own a 10 gallon hat or a novelty size belt buckle (ii) do not wake up in the middle of the night freaking out about the price of pork fat and (iii) love greenbacks too much to care about other countries' monopoly money, so I don't fuck with them.
(iii) Collars
No, not the kind your wife is encouraging you to wear try out to 'spice things up' in the bedroom during quarantine. Collars are actually the hedging strategy most applicable to WSB. Collars deal with options! Hooray!
To execute a basic collar (also called a wrapper by tea-drinking Brits and people from the Antipodes), you buy an out of the money put while simultaneously writing a covered call on the same equity. The put protects your position against price drops and writing the call produces income that offsets the put premium. Doing this limits your tendies (you can only profit up to the strike price of the call) but also writes down your risk. If you screen large volume trades with a VOL/OI of more than 3 or 4x (and they're not bullshit biotech stocks), you can sometimes see these being constructed in real time as hedge funds protect themselves on their shorts.
(3) All About ISDAs, CDS and Synthetic CDOs
You may have heard about the mythical ISDA. Much like an indenture (discussed in my post on $F), it's a magic legal machine that lets you build swaps via trade confirms with a willing counterparty. They are very complicated legal documents and you need to be a true expert to fuck with them. Fortunately, I am, so I do. They're made of two parts; a Master (which is a form agreement that's always the same) and a Schedule (which amends the Master to include your specific terms). They are also the engine behind just about every major credit crunch of the last 10+ years.
First - a brief explainer. An ISDA is a not in and of itself a hedge - it's an umbrella contract that governs the terms of your swaps, which you use to construct your hedge position. You can trade commodities, forex, rates, whatever, all under the same ISDA.
Let me explain. Remember when we talked about swaps? Right. So. You can trade swaps on just about anything. In the late 90s and early 2000s, people had the smart idea of using other people's debt and or credit ratings as the variable leg of swap documentation. These are called credit default swaps. I was actually starting out at a bank during this time and, I gotta tell you, the only thing I can compare people's enthusiasm for this shit to was that moment in your early teens when you discover jerking off. Except, unlike your bathroom bound shame sessions to Mom's Sears catalogue, every single person you know felt that way too; and they're all doing it at once. It was a fiscal circlejerk of epic proportions, and the financial crisis was the inevitable bukkake finish. WSB autism is absolutely no comparison for the enthusiasm people had during this time for lighting each other's money on fire.
Here's how it works. You pick a company. Any company. Maybe even your own! And then you write a swap. In the swap, you define "Credit Event" with respect to that company's debt as the variable leg . And you write in... whatever you want. A ratings downgrade, default under the docs, failure to meet a leverage ratio or FCCR for a certain testing period... whatever. Now, this started out as a hedge position, just like we discussed above. The purest of intentions, of course. But then people realized - if bad shit happens, you make money. And banks... don't like calling in loans or forcing bankruptcies. Can you smell what the moral hazard is cooking?
Enter synthetic CDOs. CDOs are basically pools of asset backed securities that invest in debt (loans or bonds). They've been around for a minute but they got famous in the 2000s because a shitload of them containing subprime mortgage debt went belly up in 2008. This got a lot of publicity because a lot of sad looking rednecks got foreclosed on and were interviewed on CNBC. "OH!", the people cried. "Look at those big bad bankers buying up subprime loans! They caused this!". Wrong answer, America. The debt wasn't the problem. What a lot of people don't realize is that the real meat of the problem was not in regular way CDOs investing in bundles of shit mortgage debts in synthetic CDOs investing in CDS predicated on that debt. They're synthetic because they don't have a stake in the actual underlying debt; just the instruments riding on the coattails. The reason these are so popular (and remain so) is that smart structured attorneys and bankers like your faithful correspondent realized that an even more profitable and efficient way of building high yield products with limited downside was investing in instruments that profit from failure of debt and in instruments that rely on that debt and then hedging that exposure with other CDS instruments in paired trades, and on and on up the chain. The problem with doing this was that everyone wound up exposed to everybody else's books as a result, and when one went tits up, everybody did. Hence, recession, Basel III, etc. Thanks, Obama.
Heavy investment in CDS can also have a warping effect on the price of debt (something else that happened during the pre-financial crisis years and is starting to happen again now). This happens in three different ways. (1) Investors who previously were long on the debt hedge their position by selling CDS protection on the underlying, putting downward pressure on the debt price. (2) Investors who previously shorted the debt switch to buying CDS protection because the relatively illiquid debt (partic. when its a bond) trades at a discount below par compared to the CDS. The resulting reduction in short selling puts upward pressure on the bond price. (3) The delta in price and actual value of the debt tempts some investors to become NBTs (neg basis traders) who long the debt and purchase CDS protection. If traders can't take leverage, nothing happens to the price of the debt. If basis traders can take leverage (which is nearly always the case because they're holding a hedged position), they can push up or depress the debt price, goosing swap premiums etc. Anyway. Enough technical details.
I could keep going. This is a fascinating topic that is very poorly understood and explained, mainly because the people that caused it all still work on the street and use the same tactics today (it's also terribly taught at business schools because none of the teachers were actually around to see how this played out live). But it relates to the topic of today's lesson, so I thought I'd include it here.
Work depending, I'll be back next week with a covenant breakdown. Most upvoted ticker gets the post.
*EDIT 1\* In a total blowout, $PLAY won. So it's D&B time next week. Post will drop Monday at market open.
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10 Secrets The Trading Industry Doesn’t Want You To Know About

Today’s lesson goes to be somewhat controversial and should ruffle some feathers. I shall blow wide open and debunk tons of the knowledge you've got presumably been exposed to the present far in your trading journey.
The average trader is out there walking through a confusing and conflicting maze of data from a spread of sources including; blogs, forums, broker websites, books, e-books, courses and YouTube videos.
With of these learning resources available there's naturally getting to be some excellent and a few very bad information, but actually , there just isn’t how for many aspiring traders to understand what to concentrate to, who to concentrate to, or what information is useful and what information is non-beneficial.
I’m not getting to pretend that there's how for an aspiring trader to filter this giant sea of data composed by of these resources and mentors out there, because there simply isn’t. knowledgeable trader with 10,000 hours of experience might stand an opportunity of deciding the great from the bad and therefore the valid from the invalid. However, you, the beginner or intermediate trader simply won’t possess that filtering ability yet.
Becoming ‘Non-Average’
As traders, we concede to our instinctive feelings of social trustworthiness supported what we see and listen to , often to our extreme detriment. we frequently tend to require a leap of religion with our mentors and have a habit of taking things said to us at face value. we would like to hold close information that resonates with us and is sensible to us, especially if it’s delivered by a well-known source that we've come to understand and trust.
The ‘average trader’s brain’ is usually trying to find a shortcut due to the overwhelming desire to form money and be free. The brain wants to urge a winning result immediately with the smallest amount amount of effort possible. If you would like to ever make it as a professional trader or investor, I suggest you are doing everything you'll to avoid thinking with the ‘average trader’s brain‘ and begin being ‘non-average’. meaning becoming far more aware, thinking outside the box more and questioning and filtering the knowledge you read and watch. most significantly , slowing everything all down!
This now begs the apparent question…how does one even know what I’m close to write during this lesson is actually valid and factual? How are you able to really be sure? the reality is unless you've got followed me and my posts on this blog for an extended time and know me and know my work, then you can’t really make certain , and that i don’t expect you to easily believe it at face value. If you would like to return back and re-read this lesson during a few weeks, or a couple of months, or a couple of years, after you work out that i'm somebody worth taking note of about trading OR that i'm somebody not worth taking note of about trading, then so be it.
So with a degree of healthy skepticism, I ask you to think about the below list of eye-opening secrets that professional traders and therefore the trading industry, don’t want you to understand about or understand. I hope it helps…
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FOREX isn’t the sole market the Professionals trade
The FX market is large , with billions of dollars per day changing hands. It can cause you to great money if you recognize what you’re doing OR it can send you broke if you don’t. It’s a really popular market to trade globally, BUT it’s not the sole market the professional’s trade and it’s not always the simplest market to trade either.
A note on leverage:
The brokers and platform providers want you to trade FX on high leverage because the profit margins are very high for them. However, if you trade FX on lower leverage, the profit margins shrink dramatically for them. once you trade FX, start brooding about what can fail rather than just brooding about what can go right. I suggest avoiding stupidly high leverage like 400 to 1, as this will be very dangerous for you if the market moves quickly or experiences a price gap and your stop-loss orders aren’t executed at the worth you set. A more sensible leverage level would be 100 to 1 or 200 to 1, but any higher seems crazy. (Using an excessive amount of leverage is what wiped tons of traders out during Swiss Bank Crisis in 2015, The Brexit choose 2016 and therefore the Currency flash crash in early 2019).
Broaden your view:
Going forward, it'll serve you well in your trading career to start out watching a spread of worldwide markets including FX, Stock Indicies and Commodities. additionally to FX, I personally trade GOLD (XAUUSD), S&P500 Index USA, the SPI200 Index Australia, and therefore the Hang Seng Index Hong Kong , and sometimes individual stocks on various global exchanges. In short, there's more to the trading world than simply FX. I discuss the foremost popular markets I trade this lesson here.
Day trading isn’t what Pro trading really is
The internet is crammed with marketing trying to convince folks that the definition of a trader may be a one that spends all day actively trading in and out of the market on a brief term basis, all whilst living the life-style of a Wall St millionaire. there's a significant agenda within the industry to push this story to the masses, it's been relentless for many years .
I am yet to satisfy one successful day trader who is consistent over the future and that i have almost 25,000 students and 250,000 readers on this blog. i'm not saying there isn’t a couple of out there, but 99.9% of the people that do this sort of trading or attempt to live up to the standard day trader stereotype are getting to fail and perhaps even harm themselves financially or mentally. Watching a screen all day and searching for trades constantly is that the like a compulsive gambler playing roulette during a casino.
The successful traders i do know of (myself included) are watching higher time frames and longer time horizons (minimum 4-hour chart timeframes and predominantly daily chart time frames). they need no restriction on how long they're looking to carry a trade for and that they tend to let the trades find them. The professionals i do know , don't day trade, they are doing not watch screens all day, they are doing not search for trades constantly. they're going to typically fall under the category of a swing trader, trend trader or position trader.
The obvious paradox and conflicting reality within the ‘day trader story’ is blatantly obvious. How does a trader who is consistently watching a screen and constantly trading have time to enjoy his life and live the lifestyle? They chose to trade as a profession to possess a life, they didn’t choose it to observe a screen 24/5.
Here are some points to think about that employment against the so-called ‘ day trader’:
The shorter the time-frame the more noise and random price movement there's , thus increasing your chance of simply being stopped out of the trade.
Your ‘trading edge’ features a higher chance of yielding a result for you if you’re not trading within the intraday noise.
The same trading edge doesn't work or produce an equivalent results on a 5 min chart compared to a Daily chart.
Commissions and spreads churn your account, therefore the more you trade the more you lose in broker platform costs. (I will mention this below)
Risk-Reward ratios aren't relative on shorter and longer time frames. Statistical average volatility across different time periods also as natural market dynamics play an enormous role during this . there's much more weight behind higher time frames than lower timeframes.
Great trades take time because the market moves slower than most of the people ever anticipate. Trading from the upper timeframes and holding trades for extended time periods will provide you with greater opportunities to ascertain trades mature into big winners. However, shorter timeframes don’t provide you with this same opportunity fairly often .
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Don’t give up!

I’m proud to say that I am finally consistent! And by consistent, I mean 6 months of good sleep with a steady growth of my account. This journey began back in March 2016 when my friend introduced me into forex. I’ve lost an average of 1k per year until the start of 2020.
For those feeling horrible because you been stopped out or in a sea of reds don’t be demoralised, think of it as you are paying your school fees. Forex can be a very expensive education...
Things that I have learnt since the start. (May vary person to person)
In my personal opinion! Demo is for new traders like me to learn the basics of forex and once i was familiar with the market, I went live with money that I was okay to lose. I only went back demo to test my strategy when I could trade without emotions. It was a ton of trial and error until this day 😆
If you are like me, a student... My greatest tip for you is to not trade during exams / project submissions...
Trade safe, trade well!
[Edit] I should probably give an idea why I would specifically point out the list of things.
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A Short Story that Describes Imaginary Events and People of Worldwide Calamities and the Aftermath (the 2nd Edition)

The following story, all names, characters, and incidents portrayed in this post are fictitious. No identification with actual persons (living or deceased), places, buildings, and products is intended or should be inferred.
However, the LINKS to real-life events and inspiring sources are placed here and there throughout the story.
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Truth is the Only Light
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INTRO
☞ [As of 2019] there are plenty of reasons to think the Chinese system will implode spectacularly without Japanese feeling the need to do a thing. — Peter Zaihan, Disunited Nations (Mar 03, 2020)
It's apparent that two nations have been engaged in a high-stakes military & economy arms race. The current US admin has been hitting China with waves of tariffs, but that was merely a small part of what's actually going on. [1] [2] [3] [4] [5] [6] [7] [8]
On Oct 11, 2019, when they reached a tentative agreement for the first phase of a trade deal, the fact that China made the concession actually made my jaw drop. From where I sit, it was a worrisome scene. Aren't people saying, when challenging situations are bottled up, they will just grow and mutate into another terrible complications?
Admittedly I was not certain how they are going to adhere to the agreement: It left most of the US tariffs (on China's exports) in place, and at the same time, came with an additional USD $200 Billion burden for China over the next two years. This agreement might seem a bit insignificant, but now China would need to purchase almost twice the size of the US products & services they did before the trade war began.
With their current economic climate? I murmured, "No way."
While watching Trump brag and boast around with said agreement, I expected China would soon come out and fling some improvised excuses in order to delay the document-signing process. It wouldn't be their first time. More importantly, even if China does so, there wouldn't be many (real) counterattack options left for the Trump admin during this year, the US presidential election year.
Then, on Jan 16, 2020, the world’s two largest economies actually signed a partial trade agreement aimed at putting the brakes on an 18-month trade war. China would almost surely not sit down but come back to bite, I thought.
Enter the worldwide chaos following so called the COVID-19 outbreak.
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BACKGROUND
☞ Globalists have been heavily investing in China's economy and its components overseas.
• Here are a couple of well known names: the Great Old One; George Soros; Koos Bekker; and Bill Gates.
• For the sake of convenience, from here on, let's call these globalists, who are foreign investors in China's top tier state-owned/sponsored/controlled enterprises, Team-Z.
• Team-Z has adopted big time lackeys like Henry Kissinger or small time ones like Larry Summers, Stephen Hadley, or Bill Browder as matchmakers to court Team-Z for China's top tier enterprises. When Israel's highest echelons chimed in, it has been through Israeli IT companies and the BRI projects.
• Naturally, multinational investment banks have also been employed; such as Morgan Stanley, Goldman Sachs, Royal Bank of Scotland (RBS), UBS Group AG (formerly Union Bank of Switzerland), Blackstone Group, Canaccord Genuity, BlackRock, Hermitage, or Mirae Asset.
☞ Note: The Great Old One didn't use any matchmakers, something peasants would need. Because the Great Old One's power level is over 9000.
• China's Shanghai clique used to keep the nation's state-sponsored enterprises under their firm grip: Enterprises such as Alibaba Group, Tencent, Baidu, Wanda Group, HNA Group, Anbang Group, Evergrande Group, CEFC Energy and Huawei, all of which Team-Z has massively invested in.
Here is how Shanghai clique and Team-Z, esp. Bill Gates, started to get together: [LINK]
• However, in the name of anti-corruption campaign, Xi Jinping & his Princelings have been taking those businesses away from Shanghai clique's hand, and transforming those state-sponsored private enterprises into the state-owned enterprises, declaring the 國進民退 movement.
• Slaying Shanghai clique's control = [1] [2] [3] [4] [5] [6]
• 國進民退 + Slaying Shanghai clique's control = [A] [B] [C]
• Xi's reign didn't arrive today without challenges though: the BRI projects' poor outcome has frustrated Israel's great expectations. And since the US-China trade war has started, the problems of China's economic systems started to surface, not to mention China's economy has long been decaying.
• Coupled with the US-China trade war, the current US admin has been trying to block Huawei from accessing the international financial systems that the US can influence, as well as the US banking systems. This is a good time to remind you again that Bill Gates has had a very close-knit relationship with Huawei.
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TRADE WAR & INTERNET-BASED COMPANIES
☞ It's the trade war, but why were internet-based companies such as Tencent and Baidu suffering losses?
Answer: The state-sponsored companies like Tencent, Baidu, or Huawei have heavily invested in international trade and commodity markets, which are easily influenced by aspects that IMF interest rates, the US sanctions, or trade war can create.
Example: Let's say, Tencent invests in a Tehran-based ride-hailing company. Then, through said ride-hailing company, Tencent invests in Iran's petroleum industry. Now, China's most valuable IT company is in international petrochemical trade. The business is going to make great strides until the US imposes trade embargoes oand economic sanctions against Iran.
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TL;DR
China's economy going down = Team-Z losing an astronomical amount of money.
★ Wednesday, Sep 26, 2018 ★
"Gentlemen, you guys might want to do something before it's too bloody late, no? His speech last night was .... (sniggers) Mr. Gates, now is as good a time as any. Mr. Soros, hm, don't look at me like that."
".... But,"
"Yes, Mr. Soros, your HNA is going down, too. .... Ah, Schwarzman xiansheng, we're very sorry to learn about Blackstone's Iran & SinopecChina situation. So, we're guessing, you'd be happy to join Mr. Gates's operation, yes? Of course, We already contacted Kissinger xiansheng. .... Okay then, Gentlemen?"
• Now you can take a guess why George Soros has recently been sending out confusing messages regarding Xi Jinping.
• Wait, how about Wuhan Institute of Virology? Doesn't this story concern the COVID-19 outbreak? Is the Wuhan Institute also associated with Shanghai clique? Yes, indeed. Here's How Wuhan Institute of Virology and Shanghai Clique are related: [LINK]
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EIGHT OBJECTIVES
☞ Calling for the tide to be turned, Team-Z and Shanghai clique started to devise the plan. The objectives are:
By shutting down international trade, crashing world economy, and exploiting its aftermath, the plan should produce an outcome letting Team-Z earn back their loss from the trade war & the US sanctions, and collect additional profits from China's BRI projects & stock markets worldwide, including the US stock markets.
Don't forget this: This point number also concerns the developing nations on the BRI with the large deposits of natural resources that Team-Z has invested in through China. If everything comes together nicely, Team-Z will pick up trillions of dollars from those nations alone as if they are light as a feather. Ironically this will reinforce the BRI project governance and mitigate fraud & corruption risks inherent to the international development projects.
By utilizing the aftermath in the US, a new US administration consisted of pro-Beijing personnels should be fostered at the 2020 election. In a worst-case scenario, the aftermath should be abused enough to make Robert Lighthizer to leave the admin. Mr. Mnuchin could stay.
Sometime next year, the phase one trade deal must be reassessed with the new US admin. The reassessment should help China take the upper-hand at the second phase trade talk.
The pandemic crisis should yield a situation which allows China to delay the payments for its state-firm offshore debts. With the point number , this will give China a breathing room to manage its steadily-fallen forex reserves.
Since their current turf (in China) is education industry & medical science industry, Shanghai clique will have no issue with earning hefty profits by managing China's export of medical equipments & health care products which can be supplied worldwide mainly by China. People in the west will bent the knees for the clique's support.
☞ Regarding Jiang Zemin's son and medical science industry in China [LINK]
The outcome should weaken Xi & his Princelings' political power considerably in favour of Shanghai clique & Team-Z. This will let Jiang's Shanghai clique (A) reclaim some of political status & business interest controls they have lost to Xi & his Princelings.
• And once this point number , with the point number , is realized, it would be much easier for the clique to (B) recover their huge assets hidden overseas that the current US admin or Xi & his Princelings have frozen.
Combining good old bribery with sex, the outcome should support China to re-secure control over the US governors. Once the plan is executed successfully, those governors would desperately need solutions to local economic problems and unemployment.
Lastly, implementing an e-ID system in the US similar to Beijing's Alipay and WeChat could be the cherry on top of the operation's entire outcomes. Who's supporting such a system worldwide? None other than Microsoft and Rockefeller Foundation. ಠ_ಠ
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OLD COMRADE BECOMES A NEW RECRUIT
☞ They were afraid more talents were needed. The main target was the world’s largest economy with the most powerful military capability, after all.
They ended up asking Mr. Fridman to see Lord Putin about that. The old Vova was going through a lot nowadays, people said. It could be because his nation's energy business to Europe seems to be hitting wall after wall. He is said to have enough on his plate with no end in sight, so maybe he'll join.
★ Monday, Jan 15, 2018 ★
"(pours a drink for himself) I know, but. ... What would happen if Bashar falls? How long you think you can keep it up? .... Erdogan is many things (sniggers) but he's never gentle. (sips his drink slowly) When Benji's EastMed Pipeline starts to actively compete, then what? They got the China money now. .... Vagit and his buddies will be very unhappy. You know that. Not great, Vova."
"...."
"Ah, you mean what are we going to do? Hm? Hm. I'll tell you what we're going to do. This time, we're going to bankrupt the US shale gas sector. Then, of course, we can maybe convince Benji to take their time with the pipeline. Perhaps for good. (sips his drink slowly) Don't worry, Vova, It'll work. You worry too much. We'll come out the other side stronger."
"So, how long until they set it off?
"Hahaa, yes. They'll soon put all things in place. While marching in place, they'll play the tune a couple of months before the next sochelnik."
"Nearly 20 months to brace things here, then?"
"(nod slowly in happiness) Hm. Оторви́сь там, оттопы́рься, Vova"
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USEFUL IDIOTS
☞ When the directive came, these idiots answered claiming they would be gladly "on it." All in the name of rejuvenating China's economy without grasping the real objective prevailing throughout the entire operation. Thing is, they would never realize what they are to Team-Z & their Asian overlord until it’s too late.
Who are they? It's A and B, not A or B: (A) the American corporations that are too big to fail and have suffered a considerable loss because of the US-China trade war. Among those corporations, (B) the ones that have been structured with massive interest-profit relationships in/with China.
"We need China in order for the US as a nation to continue being prosper," they've been shouting. No surprise there, because they've enjoyed the strides of extraordinary profits over the years while the US middle class has continued to shrink.
But, in 2019 when China's stock markets nosedived for the first time since 2015 and China's authorities in financial stability & resiliency fumbled their response; it wiped that smile off their face. Still, they'll keep behaving not to offend their Asian overlord, nonetheless.
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PERFECT PLAN
☞ Many crucial components had to come into play all at once in order to cause World War I. If one of the components were missing or different, it is unlikely that the World War I as we know of could be produced.
The US in 2019: Overbought bubbles + Over borrowed corporations
The US in 2020: It's an Election Year.
Russia has been dumping US Treasuries for the past few years.
Russia has been hoarding golds as if they were recreating Inca Empire.
China in 2019: Immense & long term financial troubles has started to surface.
China in 2020: The phase-one deal has been signed; leaving most of tariffs on China intact and adding another $200 Billion burden for China.
Team-Z sets up a situation in the US where some event(s) would freeze the US supply chains & demand for the next three to ten months.
• Just like the 9/11, the event will be initiated at the clique's own region. However, unlike in China, the US will report multiple epicentres simultaneously.
• And the CDC and the US medical task force will carry on with a number of sabotage acts, to secure enough time for the infected yet untested in those US epicentres to spread plenty. [1] [2] [3]
• Here's a feasible timeline of the operation.
Then, the BOOM: Team-Z (a) manipulates the markets to make sure MM will have liquidity concerns (b) when they need it most. The (c) bottomed out oil price will be an enforcement, which will also wreck the US energy sector as a kicker. The (d) WHO will also join as a disinformation campaign office.
• Then a couple of big name investment managers will lead a movement that (will try to) bring back foreign money back to China. [1] [2]
• Meanwhile, in US, the disinformation campaign will continue to be pushed until the second wave of attack arrives.
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MEASURABLE SHORT-TERM OUTCOME
☞ We're now going through World War III. The global structure laid down by World War II had been shaken by globalization and the rise of China. This pandemic event will shock the structure further. Human history will be divided into Before 2021 and After 2021.
① Outcome pt. 1: Immediate Aftermath [pt.1] [pt.2]
② Outcome pt. 2: The US economy goes deep dive along with world economy, and the only thing Team-Z has to do is to exploit the aftermath which has been thoroughly calculated and eagerly anticipated. — Favoured assessment: There won't be a V curve ever, unless drastic measures taken within the timeframe of four months. Unprecedented market crash, the rapid unemployment acceleration because of the supply-chain shut down, and the near-death security which in turn forces consumer confidence to plummet. We're looking at a super long L shape curve unless the US prepares fast for the second wave of their asymmetric warfare.
③ Outcome pt. 3: Arguably the most important outcome. — Because of the unprecedented shutdown of international trade, the nations heavily rely on exporting natural resources will face the extreme financial threats. What if some of those are emerging markets AND massively in debt to China? What do you think China would do to said nations while the aftermath is hitting the globe hard? [PDF] Something comparable to Latin American Debt Crisis will happen.
④ Outcome pt. 4: Not that significant compared to the others but still notable outcome. — The world will need Shanghai clique's help to get medical products and equipments.
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WHAT'S NEXT?
☞ Several analysts have discussed off the record that next it'd be a proxy warfare not using armed conflicts but with spreading a galaxy of counterfeit-currency across every possible channels.
Coincidently, on Dec 13, 2017, Business Insider reported in an article "A $100 counterfeit 'supernote' found in South Korea could have been made in North Korea" that:
"It was the first of a new kind of supernote ever found in the world," Lee Ho-Joong, head of KEB Hana Bank's anti-counterfeit centre told Agence France-Presse.
Reporting the same news, The Telegraph published an article on Dec 11, 2017:
"It seems that whoever printed these supernotes has the facilities and high level of technology matching that of a government", said Lee Ho-jung, a bank spokesman from KEB Hana Bank in South Korea. "They are made with special ink that changes colour depending on the angle, patterned paper and Intaglio printing that gives texture to the surface of a note".
ಠ_ಠ
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Tale of How Shanghai clique and Globalists Got Together
Wuhan Institute of Virology, Wuhan City, & Shanghai Clique
Feasible Timeline of the COVID-19 Operation
Immediate Aftermath — pt.1.b
Immediate Aftermath — pt.2.a
Remdesivir, Gilead Sciences, Its Shareholders, & Silly Concern
Cases Displaying the Recent Climate of Chinese Economy
Compliance Report by the US State Department on China regarding Biological Weapons Convention — Click "2019 August Unclassified Compliance Report" and see p45.
Jiang Zemin's son & Medical Science Industry in China
What is Guanxi (關係)?
Israeli IT Companies & China
Opinion article "Cancel All Debt to China"
Fun Trivia about Bush Family and China
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submitted by vanillabluesea to conspiracy [link] [comments]

Some news you may have missed out on part 134.

-Rupee continues to recover, gains Rs4.16 in four months
The Pakistani rupee has maintained a gradual uptrend against the US dollar since the beginning of current fiscal year in July and is anticipated to gain more ground in the remaining eight months amid expectations of increase in foreign currency inflows.
The rupee gradually strengthened Rs4.16 or 2.60% in the past around four months to Rs155.88 to the US dollar in the inter-bank market on Friday, according to the State Bank of Pakistan (SBP). “The rupee may recover to 145 to the greenback by June 30, 2020,” Forex Association of Pakistan (FAP) President Malik Bostan projected while talking to The Express Tribune.
Further: -In a positive development, Pakistani Rupee hits highest level of four months against US dollar
The Pakistani rupee has shown recovery against the US dollar as the US currency reached the lowest level in four months.
-ExxonMobil to help build LNG terminal in Pakistan
After getting a liquefied natural gas (LNG) supply contract from private-sector consumers, US energy giant ExxonMobil is planning to build the third LNG terminal in Karachi as a joint-venture partner.
Some time ago, ExxonMobil, in collaboration with Pakistan’s exploration and production companies, drilled an offshore well to search for hydrocarbon reserves in the Arabian Sea. However, the effort could not prove successful. Now, in a new venture with Energas consortium, the US firm is going to invest in setting up an LNG terminal in Pakistan.
-Pakistan's Hindu community celebrates Diwali today in a renovated temple reopened by the Pakistan government after 72 years
he country’s Hindu community is celebrating the annual religious festival of Diwali. The religious festivities are expected to take place in Shawala Teja Singh Temple, located in Sialkot, after 72 years.
All preparations for the upcoming festival have been completed. The festival of Diwali is being seen as more of a cultural than a religious one as people from other faiths will celebrate alongside members of the Hindu community.
The temple, where the festivities will take place, was closed down in 1947. The Evacuee Trust Property Board (ETPB) and certain members of the Hindu community decided to open the temple a few months ago, after which the renewal and renovation work had begun. Now, for the first time, this temple is going to celebrate a religious ceremony.
-Tax Returns Filed Per Day in 2019 Have Increased by 127 Percent: FBR Chairman
Federal Board of Revenue’s (FBR) Chairman Syed Shabbar Zaidi has announced that on average, tax returns filed per day in 2019 have risen by 127 percent compared to last year. In a Twitter post, Zaidi shared details of the tax returns filed so far. As per the records, the number of tax returns filed in 2019 till October 25 stands at 918,027, as compared to 585,209 tax returns filed in the same period last year.
Zaidi said that as of November, the FBR will impose strict measures against unauthorized interactions and harassement between its staff and the business community. The business community is suggested to report to FBR if any person contacts them through any manner without proper authorization.
-Pakistan, Nepal agree to enhance trade ties
President Dr. Arif Alvi on Saturday held a meeting with the Nepal’s Prime Minister Khadga Prasad Sharma Oli on the sidelines of 18th Non Aligned Movement Summit in Baku, ARY News reported.
According to a statement issued by the ministry, both the leaders affirmed to enhance trade ties between the two countries and expressed their desire to further strengthen the bonds of friendship. Matters of mutual interest, bilateral relations, regional peace, grave human rights violations and humanitarian crisis in occupied Kashmir and other issues were came under discussion in the meeting.
Speaking on the occasion, President Alvi briefed the Nepalese prime minister on Indian illegal actions in occupied Kashmir. He expressed hope that Nepal will play its role as SAARC chair, for strengthening peace and stability in the region.
-CPEC enters into 2nd phase: Poverty, agriculture, B2B initiatives prime focus: Khusro
Federal Minister for Planning, Development & Reform Makhdoom Khusro Bakhtyar Wednesday said the CPEC has now entered into its second phase with focus on poverty alleviation, agriculture and B2B industrial cooperation.
“The Pakistan Tehreek-e-Insaf (PTI) government's economic reform measures will strengthen the country's economy as the investors' confidence is rebounding due to corrective measures," the minister expressed these views while talking to Australian High Commissioner Dr Geoffrey Shaw who called on him on Wednesday. Secretary Planning Zafar Hasan was also present in the meeting.
While discussing bilateral relations and foreign investment in various sectors in Pakistan especially in Gwadar, the minister said that ongoing phase of CPEC will bring about socioeconomic benefits for the welfare of the people. He said that CPEC offers enormous potential to boost national economy and reduce poverty.
-Pakistan's Defence Exports have reached USD 212.6 MILLION IN 2018-2019
According to the Pakistan Ministry of Defence Production’s (MoDP) “First Year Performance Report,” the country had registered $212.6 million US in defence exports from August 2018 to August 2019.
Pakistan Aeronautical Complex (PAC) booked the highest value at $184.38 million US, which was followed by Pakistan Ordnance Factories (POF) at $7.13 million US and Heavy Industries Taxila (HIT) at $1.3 million US. In addition, private sector firms booked $19.36 million US in sales.
No additional breakdowns were provided by the MoDP. It is likely that PAC’s exports were fueled by co-production work for FC-1/JF-17 sales to Myanmar and/or Nigeria. Though an agreement was signed with Turkey for the sale of 52 Super Mushshak basic trainers, it is unclear if PAC has started manufacturing these aircraft.
-DRAP to launch countrywide drive against substandard, spurious medicines
The Drug Regulatory Authority of Pakistan (DRAP) is launching a countrywide campaign against substandard medicines, the PM’s Special Assistant on Health Dr. Zafar Mirza said while addressing the federal and provincial drug inspectors in Islamabad on Thursday.
He said a crackdown is being launched throughout the country to eradicate the menace of unregistered, spurious and sub-standard medicine. In addition to medicine quality, he added, DRAP will also take stern action against violation of fixed prices of medicines.
-Foreign exchange: SBP reserves increase $79m to $7.89b
The foreign exchange reserves held by the central bank increased 1.14% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.
Earlier, the reserves had spiralled downwards, falling below the $7-billion mark, which raised concern over Pakistan’s ability to meet its financing requirements. However, financial assistance from the United Arab Emirates (UAE), Saudi Arabia and other friendly nations helped shore up the foreign exchange reserves.
On October 18, the foreign currency reserves held by the SBP were recorded at $7,892.7 million, up $79 million compared with $7,813.7 million in the previous week. The report cited no reason for the increase in reserves, which stood below the $8-billion mark.
-Ease of business: Pakistan up 28 places on World Bank index
Pakistan has jumped up 28 places on the World Bank’s (WB) Ease of Doing Business Index and secured a place among the top 10 countries with the most improved business climate – a development that will greatly improve Islamabad’s image abroad,
Pakistan carried out six reforms that helped improving its ranking from 136 to 108, according to the WB’s annual flagship report, ‘Ease of Doing Business 2020’, released on Thursday. It turned out to be the sixth global reformer and first in South Asia that brought ease in doing business in the last one year.
The fewer are the regulations the better is the ranking on the index. The key to attain perfection is to cut the bureaucracy hindering business activities in the name of various regulations and procedures.
-CM approves Rs 500m for Punjab Housing & Town Planning Agency
Punjab Chief Minister Sardar Usman Buzdar has given approval of Rs 500 million for Punjab Housing & Town Planning Agency. He gave approval while presiding over a high-level meeting at CM Office here on Monday. During the meeting progress on Naya Pakistan Housing Project for low-income persons was reviewed and detailed briefing was also given to the participants on Naya Pakistan Housing strategy.
While addressing the meeting, Usman Buzdar said that obstacles should be removed in order to ensure completion of Naya Pakistan Housing Scheme and financial conditions of common man should be kept in mind while chalking out housing policy of the project. All out attention should be paid while constructing small houses in the province, he added. It has also been decided during the meeting to launch rural housing project in 17 model villages.
-KSE 100 gains 204 points amid improved sentiments
The benchmark KSE 100 Index depicted remarkable progress as it gained around 204 points and concluded at 33,861-level.It was a busy start to the week at the Pakistan Stock Exchange (PSX) with earnings season hitting its peak, while volumes remained at par with previous weeks’ average.
Biggest single day investment in treasury bills in the previous week of estimated US $87.5 million, increasing total investment to US$440 million since July 2019 was the major rally point in the market sentiments.
The bourse recorded an intraday low of 33,572.36 soon after the commencement of the session. However, after regaining the momentum, the index marked its day’s high at 34,008.35 adding 350.89 points. It settled higher by 204.13 points at 33,861.59. The KMI 30 Index accumulated 386.53 points to settle at 55,155.92, while the KSE All Share Index managed to gain 86.13 points, ending at 24,543.78.
-Sindh to reserve 0.5% job quota for transgender persons
The Sindh Cabinet on Wednesday agreed to reserve 0.5 per cent quota in government jobs for transgender persons. “I want to bring transgender people into the mainstream,” said Sindh Chief Minister Syed Murad Ali Shah during the cabinet meeting. “We want to make them an asset for our society.”
CM Murad congratulated the transgender community on behalf of the cabinet and advised them to improve their education. Around 41,000 positions are vacant in different government departments across Sindh out of which 206 will be given to transgender people.
A spokesperson from the chief minister’s house stated that out of the 41,000 available jobs 16,000 positions will be filled this fiscal year. Rest of the positions will be filled in the period of next three years.
-Malaysia's Mahathir stands by Kashmir comments despite India palm oil boycott
Malaysian Prime Minister Mahathir Mohamad said on Tuesday he would not retract his criticism of New Delhi’s actions in occupied Kashmir despite Indian traders calling for an unprecedented boycott of Malaysian palm oil.
The impasse could exacerbate what Mahathir described as a trade war between the world’s second biggest producer and exporter of the commodity and its biggest buyer so far this year.
India’s top vegetable oil trade body on Monday asked its members to stop buying Malaysian palm oil after Mahathir said at the United Nations General Assembly last month that India had “invaded and occupied” Kashmir.
-“World’s two major companies setting up solar panel plants in Pakistan”
Federal Minister for Science and Technology Fawad Chaudhry announced on Monday that the world’s two major solar panel firms will establish their plants in Pakistan. The minister tweeted saying “good news gets lost in political plays, yet I am very happy that the world’s two major companies are setting up solar panel’s plants in Pakistan.”
Chaudhry added that China’s second-largest Lithium battery producer will also set up its workshop in Pakistan. The Lithium battery-powered buses will also be manufactured in Pakistan, the tweet further said. The Minister for Science and Technology was recently on a visit to Beijing where he met various Chinese officials and the country’s business leaders.
-Pakistan Navy organizes free medical camp in Balochistan
Navy organized a free medical camp in the village Dam of Balochistan in collaboration with Sahil and Ulfat welfare foundations. According to the spokesperson of Pakistan Navy, specialist doctors of surgical, medical, skin, gynecology, child and general medically inspected patients at the camp. Over 700 patients were provided with free medical treatment, medicines and ordinary surgical facilities.
-Lahore to get Tram service soon
Citizens of Lahore are getting a modern-day tram service soon, based on the famous British-era tram service. In this regard, the Punjab Transport Department has inked an agreement with CRSC International, a Chinese company specializing in rail transportation control systems, and Inkon Group of the Czech Republic.
The development of the project is divided into several phases. In the first phase, a 35 km track will be constructed on Canal Road, Lahore. Up to 50 trams will run on this track. Once operational, the trams will be able to carry 35,000 passengers in 1 hour. The trams will be powered through electricity and batteries. A single tram will have a service life of around 40 years. 2 tram depots will be constructed at different locations as well.
-10 Pakistani Universities Ranked Among the World’s Best in ‘University Impact Rankings 2019’
Ten Pakistani universities have been ranked among the top universities in the world in the Times Higher Education (THE)’s list. THE is a weekly UK-based magazine that issues its annual list of world’s most influential universities.
The list called ‘University Impact Rankings 2019’ has included 10 Pakistani varsities in different categories, including Gender Equality, Good Health and Well-being, Quality Education, Decent Work, Economic Growth, and others. According to the magazine, the rankings assess universities against the United Nations’ Sustainable Development Goals.
-PM Imran Khan inaugurates China-Hub Power Generation Plant in Balochistan
Prime Minister (PM) Imran Khan has said that Pakistan is moving forward through China-Pakistan Economic Corridor (CPEC) projects. Addressing inaugural ceremony of China Hub Power Generation Plant in Balochistan, he said this is the first joint project under the CPEC umbrella and he is very happy after inaugurating it.
“The government will facilitate joint collaboration between Pakistani and Chinese businesses in various sectors.”, he said. PM Imran Khan said with the help of coal reserves in Thar, Pakistan can generate huge amount of electricity, which can be enough for at least 100 years.
-Punjab Forest Department develops ‘record keeping’ mechanism
Department of Forest Punjab is managing 1.6 million acres of forest land area – 67 per cent of the entire forest land area in Punjab – under the Geographic Information System (GIS), Pakistan Today learnt reliably on Friday. The program enabled the forests department to ensure sound management and introduce state of the art record-keeping and mapping methods.
‘Development of GIS-Based Forest Management Information System in Punjab’ was approved at PC-1 with a cost of Rs75 million and a gestation period of 36 months (2016-2019) has allowed for transfer of all forest resources and inventories into IT-based inventory systems and achieved extensive field surveys, rapid data collection and its processing for development of the forestry sector on efficient lines.
-Hutchison Port Holdings announces $240m investment in Pakistan
Prime Minister Imran Khan has welcomed $240 million foreign investment from Hutchison Port Holdings, a Hong Kong-based port operator. A delegation of Hutchison Port Holdings, led by its Group Managing Director Eric Ip, called on Prime Minister Imran Khan on Tuesday. Other delegation members included HPH Middle East & Africa Managing Director Andy Tsoi and Middle East & Africa Business Director Eric Ng.
Maritime Affairs Minister Syed Ali Haider Zaidi, Adviser to PM on Commerce Abdul Razzaq Dawood, Special Assistant to PM on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari, Ambassador-at-Large for Foreign Investment Ali Jehangir Siddiqui and Board of Investment Chairman Zubair Haider Gilani were also present on the occasion. Group Managing Director Eric Ip apprised the prime minister of Hutchison’s fresh investment into Pakistan approximating $240 million which will enhance the new container terminal capacity at the Karachi Port, and increase Hutchison Ports’ total investment in Pakistan to $1 billion.
-Punjab's tax collection jumps 44%
Punjab’s tax collection registered a 44% growth to Rs77 billion in first quarter of the ongoing fiscal year compared to the corresponding period of previous year, despite tough conditions of the federal government for the provinces to get a share in the federal divisible pool of resources. Punjab Finance Minister Makhdoom Hashim Jawan Bakht disclosed this at a review meeting of the Finance Department on Monday.
The meeting was briefed that despite the financial backlog left by the previous government, the current government gave a surplus budget of Rs233 billion in order to meet financial requirements of the federal government to comply with conditions of the International Monetary Fund (IMF) loan programme.
-‘SECP recognised as 7th most effective regulator in world’
The Securities and Exchange Commission of Pakistan (SECP) has been recognised as the “7th most effective regulator” by the World Economic Forum in its ‘Global Competitiveness Report-2019’.
“Pakistan was ranked as the 52nd most dynamic economy in the world. The country secured this by improving 15 points from last year, as it stood at 67th in 2018,” said a statement issued by Mishal Pakistan, Country Partner at WEF’s Institute of the Future of Economic Progress System Initiative, on Wednesday. “The progress of Pakistan’s competitiveness was due to the achievements made during the last 12 months.”
The most effective improvements were made due to the initiative and strategies adopted by the apex regulator for the corporate sector and the capital markets; supervision and regulation of insurance, non-banking financial companies and private pension schemes. The SECP improved Pakistan’s competitiveness rankings by improving the “number of days to start a business”, where Pakistan was ranked at the 90th position compared with 96th in 2018.
-Pakistan China bilateral trade crosses $19 billion, highest ever in history
Pakistan Ambassador to China , Naghmana Hashmi has said the bilateral trade volume between Pakistan and China has now touched US $ 19.08 billion and both countries aimed to raise it further.
“The bilateral trade volume between Pakistan and China has now touched US$ 19.08. We aim to raise it further,” Ambassador Hashmi said joint ventures in defence production have led to the manufacture of the MBT 2000 Al-Khalid Tank and JF-17 Thunder, a fighter aircraft. “On the diplomatic front, the two countries are committed to protecting and promoting multilateralism and upholding the United Nations (UN)Charter, while our cooperation has extended to science and technology, socioeconomic sectors and nuclear cooperation for peaceful purposes,” she added.
-Foreign Company Agrees to Drop $6 Billion Penalty, Re-Invest in Reko Diq: Reports
The International Center of Settlement of Investment Disputes (ICSID) had slapped the country with a $6 billion penalty for revoking the contract without prior knowledge back in 2009. Soon after the development, the Prime Minister had empowered his financial team to contact the executives of the Tethyan Copper Company (TCC) to reach an out-of-court settlement and avoid the penalty.
Reportedly, after the Pakistan authority’s approach, the company has not only agreed to take back the penalty but has also agreed to invest in the project again. As per media reports, PM Imran Khan contacted the TCC management and discussed the prospects of the matter. He assured the company his full support if they wanted to revise the investment plan for the project. The company will reportedly withdraw its appeal from the ICSID, while Pakistan will compensate for their damages due to the cancelation of the contract.
-Current account deficit shrinks massive 64pc
The country’s current account deficit (cad) in the first quarter of current fiscal year declined by a huge 64 per cent mainly on the back of a 21pc reduction in the imports bill.
The State Bank’s latest data issued on Friday showed the current account deficit for July-September FY20 clocked in at $1.548 billion compared to $4.287bn in the same period last fiscal year; a decline of $2.739bn.
The reduced current account deficit is a positive omen for the government, which is struggling with slow economic growth and high inflation. However, despite massive decline in rupee’s value, the country’s exports have failed to register any noticeable increase during the period.
-Food imports down 24pc, exports up 14pc in Q1 FY20
Food group imports into the country during the first quarter of the current financial year (July-Sept 2019-20) decreased considerably by 24.7pc, whereas exports increased by 13.98pc compared with the corresponding period of last year.
The import of food commodities into the country during the period under review came down from $1.45 billion to $1 billion, whereas the exports increased from $864 million to $984.7 million, according to latest data released by the Pakistan Bureau of Statistics (PBS).
-Chinese Smartphone Company Realme to build mobile phone manufacturing factory in Pakistan
Chinese company Realme's Director of Marketing in Pakistan Mr He Shunzi in an interview disclosed that Realme is planning to set up the mobile phone manufacturing factory in Pakistan. He told that company is inspecting locations in Islamabad, Peshawar, and Faisalabad Industrial Estate for suitable land. Pakistani mobile market offers guaranteed capital as Realme ranked top five android brands in Pakistan in less than nine months, capturing 8% of total market share, he added.
-Chinese Coal Giant Wants to Convert Thar’s Coal to Diesel
China’s Shenhua Ningxia Coal Industry Group will help convert Thar’s coal into oil and the talks between the two parties are underway. The Shenhua Ningxia Coal Industry Group is a subsidiary of China’s biggest coal producer, the Shenhua Group and the company already has the world’s largest plant for converting coal into diesel, with an annual production capacity of 4 million tons in Ningxia in its portfolio.
The agreement, if signed, will be a ‘game-changer’ for Pakistan, believes Adviser to Prime Minister on Petroleum Nadeem Babar, who accompanied Imran Khan on his recent visit to China. The Pakistani delegation held talks with the Shenhua Group during the trip:
-In a positive development, Pakistan projected among top 20 rising economic growth engines of the World
Pakistan projected among 20 top rising economic growth engines of the World that would dominate the global growth in next 5 years. Pakistan has been projected as one of 20 countries that will dominate global growth in five years time in 2024, an assessment made by Bloomberg using data from the International Monetary Fund (IMF).
-In a positive development, Pakistan textile exports register increase
Textile exports from the country increased by 2.95pc during the first quarter of the current fiscal year (July-Sept FY20) compared with the corresponding period of the last fiscal year. The textile exports during the period under review were recorded at $3,371.974 million as against the exports of $3,275.303 million during July-September 2018-19, according to latest data by the Pakistan Bureau of Statistics (PBS).
The textile commodities that contributed to the positive growth included raw cotton, exports of which grew by 53.65pc, from $7.047 million to $10.828 million. Similarly, the exports of yarn (other than cotton yarn) increased by 21.95pc, from $7.759 million last year to $9.462 million, while that of knitwear surged by 11.14pc, from $701.393 million to $779.548 million.
-Kartarpur Corridor will open to public on November 9: PM Imran
Prime Minister Imran Khan on Sunday announced that Pakistan will inaugurate the Kartarpur Corridor on November 9. The premier’s announcement came via a Facebook post in which he said that construction work on the Pakistani side had entered the final stage. “Pakistan is all set to open its doors for Sikhs from all across the globe,” he wrote. “World’s largest Gurdwara will be visited by Sikhs from across India and other parts of the world,” he said.
-'$1.2b penalty in Karkey case likely to be waived'
Pakistan Tehreek-e-Insaf (PTI) leader and senior lawyer Babar Awan has said that the $1.2 billion penalty that Pakistan has to pay to Turkey’s Karkey rental power plant is likely to be waived.
“International institutions, through high-level backdoor contacts, have agreed to waive off the penalty. This is very good news for Pakistan,” said Awan while addressing the media on Friday. “International institutions have shown their trust in Prime Minister Imran Khan,” he added.
-Punjab Govt to Introduce a Unified Tax Collection System
Punjab government is contemplating the introduction of a unified tax collection system in the province. The unified system will streamline the tax collection process and facilitate the taxpayers. At the moment, Punjab Revenue Department, Excise and Taxation Department, and local administrations collect taxes in Punjab. On Sunday, Finance Minister of Punjab, Makhdoom Hashim Jawan Bakht, headed a meeting of Punjab Revenue Authority (PRA). Bakht said that a special tax management unit will be set up at the Punjab finance department that will unify tax collection all across the country.
-PM To Launch Clean Green Pakistan Index for Multiple Cities
Prime Minister’s Adviser on Climate Change, Malik Amin Aslam, said that Imran Khan will launch the Clean Green Pakistan Index (CGPI) at a grand launching ceremony on October 30. The initiative is aimed at introducing competition among cities on various indicators, including public access to clean drinking water, safe sanitation, effective solid waste management, and tree plantation.
The prime minister will announce a six-month competition among 19 cities of Punjab and Khyber-Pakhtunkhwa provinces, he added. The adviser said that after six months, these cities will be ranked again and those with prominent progress will be rewarded with special federal and provincial government funds and more cities will be joining the competition.
-PM Khan Will Lay The Foundation of Baba Guru Nanak University on Oct. 28
Prime Minister Imran Khan is going to lay the foundation stone of Baba Guru Nanak University on October 28. The establishment of this university in Nankana Sahib was announced earlier this year when PM Khan was in the town for a Spring Tree Plantation Campaign.
-Sindh govt invites bids for Dhabeji SEZ
The Sindh government has launched the well-connected Dhabeji Special Economic Zone in district Thatta near Port Qasim, according to a statement issued on Monday. In this connection, the Sindh Economic Zones Management Company (SEZMC), being the provincial SEZ custodian, has invited proposals for the development and operation of Dhabeji project through an advertisement published in leading national and international newspapers.
Dhabeji SEZ was highlighted in the recent meeting of the China-Pakistan Economic Corridor (CPEC) Joint Working Group on Industrial Cooperation. The senior officials of China’s National Development Reforms Commission (NDRC) appreciated the Sindh government on the progress made so far. The Sindh government launched the project through an international competitive bidding process as a build-up to the upcoming 10th Joint Coordination Committee (JCC) meeting between China and Pakistan, which would be held next month.
-Rice exports surge 51pc in first quarter FY20
Rice exports from the country during the first quarter of the financial year 2019-20 grew by 50.76pc as compared to the corresponding period last year. During the July-September period, about 839,356 metric tonnes of rice, worth $470.584 million, were exported as compared the exports of 551.5,86 metric tonnes, valuing $312.147 million, during the same period of FY19.
According to data released by the Pakistan Bureau of Statistics, the exports of basmati rice increased by 47.29pc, as 212,873 metric tonnes of basmati rice ($194.669 million) were exported during the first quarter of FY20, as compared the 127,669 metric tonnes ($132.166 million) in the same period of last year. Meanwhile, 34,090 metric tonnes of fish and fish preparations worth $79.549 million were also exported in the period under review as compared to the exports of 25,859 metric tonnes valuing $67.294 million during the same period of last year.
submitted by FashBasher1 to pakistan [link] [comments]

Wall Street Week Ahead for the trading week beginning September 23rd, 2019

Good Saturday morning to all of you here on wallstreetbets. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 23rd, 2019.

Week ahead: As stocks struggle to break to new highs, markets could be swayed by Fed speakers, trade - (Source)

Developments in U.S.-Chinese trade talks and the comments from a host of Fed speakers could be important for markets in the week ahead, as stocks struggle to regain highs.
The Fed in the past week cut interest rates for the second time in two months, but the latest forecasts of Fed officials showed just how divided they are on the need for future rate cuts. Five wanted deeper cuts, five didn’t want any cuts and another seven were happy with the Fed’s action.
“The market seems like it’s pretty jumpy based on what the say. i think it would flip back and forth depending on how the headlines come out,” said Tom Simons, money market economist at Jefferies. Simons said the focus will also be on the Fed’s operations in the short-term funding market, after turbulence in the overnight market in the past week temporarily sent some overnight rates sharply higher.
There are nearly a dozen Fed speakers on the calendar in the coming week, but Fed Chairman Jerome Powell is not scheduled to speak.
Trade developments could continue to cause volatility in markets. Reports Friday that Chinese agriculture officials canceled visits to farms in Montana and Nebraska sent stocks lower, for fear it signaled that talks were not making progress.
Stocks in the past week were lower, with the S&P off about 0.5% to 2,992. The index had been around 1% away from its all-time high for a few weeks.
“Tech that has been out of play and is acting faulty. it’s now turning into a headwind, and that could cause a problem for the bulls,” said Scott Redler, partner with T3Live.com. “I haven’t seen so many mixed signals in the market in quite some time.”
“It’s hard for the market to make new highs without tech. At best, it’s concerning when you see key names, like Amazon and Netflix, not just failing to lead but faltering,” he said. Netflix was down more than 8% for the week, and Amazon was off 2.6%.
Redler said it was a concern that shares of market leader Microsoft gave up its initial gains and turned negative, soon after it announced a buyback and raised its dividend. “Strength was sold instead of embraced,” he said. “That was good news. What are they going to do when bad news happens?”
Following the attacks on Saudi Aramco last week, the United Nations General Assembly in New York and meetings around it take on more importance for markets. U.S. and Saudi Arabian officials have said Iran was behind the attack, which knocked a significant amount of Saudi oil production off line. Iran has denied involvement, and Houthi rebels in Yemen have claimed responsibility.
Iran’ President Hassan Rouhani has been given a visa to travel to New York for the UN. Before the attack on Saudi Arabia last week, President Donald Trump had suggested he would speak to Rouhani but there seems little chance of that now. Oil have been highly volatile, with Brent crude futures up 7% since the attack as Saudi Arabia sought to assure markets that it would be able to bring its operations back on line.
There is some economic data that will also be important to markets. There is manufacturing PMI Monday, important after ISM manufacturing data showed a contraction in August. Durable goods will also be important on Friday, as will personal consumption data, which includes the Fed’s preferred inflation indicator, the core PCE deflator.
“What Powell said in his remarks was inflation was below his target,” said Marc Chandler, chief market strategist at Bannockburn Global Forex. “But even the core PCE deflator is expected to be 1.8, a new high for the year.” The Fed’s target inflation rate is 2%, and other inflation measures have been above that, including core CPI.
The Fed will also be in focus after problems in the overnight funding market, used by banks in need of short term cash. Rates spiked for repo, or repurchase agreements, in a chaotic two-day period Monday and Tuesday. The Fed’s target fed funds rate also moved above its target range, in an unusual move.
The market has since calmed after the Fed carried out open market operations to add liquidity to the market. On Friday, it announced three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 billion each.
“I think the Fed has absolute control over short term rates. It was caught sleeping at the wheel,” said Chandler.
Powell said the Fed would monitor the market and take whatever action is needed. The market is considered the basic plumbing for financial markets, where banks who have a short-term need for cash come to fund themselves. The odd spike in rates was viewed as the result of a cash crunch, not a credit crisis.
Bond market pros have been concerned that the Fed would again see strains in the market at month end, when there’s more activity in the overnight funding market.
“It gets you further past quarter end,” said Jon Hill, rate strategist at BMO. “A 14-day pushes them further into October. I think nerves will have calmed. The fact you’ll see fed funds print clearly in the range will reassert confidence. These operations will serve as a reminder that the Fed can have absolute control the front end if and when it wants to. This is a good thing.”
The funds rate was at 1.90% Thursday, within the target rate range of 1.75% to 2%.
“They’re removing any doubt of their ability to take control of fed funds in the modern framework. They just announced $165 billion over quarter-end , and we may go bigger. They haven’t done a repo injection in 10 years,” said Hill.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Sector Performance WTD, MTD, YTD:

(CLICK HERE FOR FRIDAY'S PERFORMANCE!)
(CLICK HERE FOR THE WEEK-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE MONTH-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 3-MONTH PERFORMANCE!)
(CLICK HERE FOR THE YEAR-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 52-WEEK PERFORMANCE!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART LINK #1!)
(CLICK HERE FOR THE CHART LINK #2!)
(CLICK HERE FOR THE CHART LINK #3!)

S&P 500 down 23 of 29 during week after September options expiration, average loss 0.95%

The week after September options expiration week, next week, has a dreadful history of declines especially since 1990. The week after September options expiration week has been a nearly constant source of pain with only a few meaningful exceptions over the past 29 years. Substantial and across the board gains have occurred just three times: 1998, 2001, 2010 and 2016 while many more weeks were hit with sizable losses.
Full stats are in the following sea-of-red table. Average losses since 1990 are even worse; DJIA –1.02%, S&P 500 –0.95%, NASDAQ –0.90% and a sizable –1.38% for Russell 2000. End-of-Q3 portfolio restructuring is the most likely explanation for this trend as managers trim summer losers and position for the fourth quarter.
(CLICK HERE FOR THE CHART!)

October Challenging in Pre-Election Years

October often evokes fear on Wall Street as memories are stirred of crashes in 1929, 1987, the 554-point drop on October 27, 1997, back-to-back massacres in 1978 and 1979, Friday the 13th in 1989 and the 733-point drop on October 15, 2008. During the week ending October 10, 2008, Dow lost 1,874.19 points (18.2%), the worst weekly decline in our database going back to 1901, in point and percentage terms. The term “Octoberphobia” has been used to describe the phenomenon of major market drops occurring during the month. Market calamities can become a self-fulfilling prophecy, so stay on the lookout and don’t get whipsawed if it happens.
(CLICK HERE FOR THE CHART!)
Pre-election year Octobers are ranked second from last for DJIA, S&P 500 and NASDAQ while Russell 2000 is dead last with an average loss of 1.9%. Eliminating gruesome 1987 from the calculation provides only a moderate amount of relief. Should a meaningful decline materialize in October it is likely to be an excellent buying opportunity, especially for depressed technology and small-cap shares.

Where’s That September Volatility?

September is historically known as one of the worst for stocks, yet in 2019 the S&P 500 Index is up 2.7% so far amid a sea of scary headlines. Incredibly, the S&P 500 has wavered less than 0.1% from its previous close 6 of the past 10 trading sessions, as it consolidates just beneath all-time highs.
“Over the past two weeks we’ve had the European Central Bank meeting, the Federal Reserve meeting, higher inflation, a historic jump in crude oil, Middle East turmoil, trouble in the repo market, and even multiple NFL quarterbacks sustaining major injuries,” said LPL Financial Senior Market Strategist Ryan Detrick. “Yet, with all of those scary headlines, stocks are actually in the midst of one of the least volatile two-week stretches we’ve seen in years.”
We are quite encouraged by the overall change in market tone we’ve heard recently, with more cyclical names taking the baton and leading, but with the S&P 500 up near our fair value target of 3,000, we would be on the lookout for this sea of tranquility to get rougher at any time. In fact, according to historical calendars, we may need to be on high guard for the second half of September.
As shown in the LPL Chart of the Day, The Second Half of September Can Be Tricky For Stocks, later in the month of September is when we’ve seen seasonal weakness. Things have been going well for equities in the face of some worrisome headlines, but don’t get complacent, as the calendar could be one of the biggest near-term risks.
(CLICK HERE FOR THE CHART!)

The Fed Hits It Down The Middle

“History does not repeat itself, but it rhymes.” Mark Twain
As expected, the Federal Reserve’s (Fed) policy committee cut its policy rate by 25 basis points (.25%) to a target range of 1.75%–2%. This comes on the heels of the first rate cut in more than 10 years at the end of July. This cut is somewhat more controversial, however, because the overall U.S. economic data has been improving, and there’s been a tick higher in inflation.
One of the most important questions heading into this meeting was how many voting Fed members would support additional rate cuts. There were two dissenting voting members at the July rate cut, and once again there were two votes opposed to today’s cut—but unlike last time, there was also one dissenter who favored a larger 50 basis point (.50%) cut. Materials in the economic projections indicated 10 of 17 participants (which includes non-voting members) did not believe additional cuts would be needed over the remainder of the year, although evolving economic conditions could certainly lead to a shift.
As the quote from Mark Twain suggests, by looking back at history we can potentially find clues as to what might happen in the future.
Looking back at the previous two recessions (2001 and 2008), the Fed cut rates 50 basis points (.50%) to kick off the new cycle of rate cuts. We looked back at what the Fed said at the time, and policymakers didn’t foresee a recession; the larger .50% cut might have been their way of showing how worried they really were at the time. In other words, maybe the Fed knew there potentially was trouble under the surface.
Compare this with three consecutive 25 basis point (.25%) cuts in the 1995/1996 and 1998 rate cut cycles, which led to continued equity gains and avoided recessions. Given we foresee one more cut this year, could it be another three cuts of 25 basis points (.25%) and then an economic acceleration?
“Here’s the catch. When the first two cuts in a new cycle of rate cuts are only 25 basis points, this could be the Fed’s way of truly viewing the cuts as insurance,” explained LPL Financial Senior Market Strategist Ryan Detrick. “In fact, the past five cycles of cuts that started with two 25 basis point cuts saw the S&P 500 Index move higher 6 and 12 months later every single time.”
As shown in the LPL Chart of the Day, Stocks Have Historically Done Well If The First Two Fed Rate Cuts Are 25 Basis Points, the S&P 500 was up an average of 9.7% six months after the second of two 25 basis point cuts to kick off a new cycle of rate cuts. Going out a year, the S&P 500 had gained a very impressive average of 16.7%.
(CLICK HERE FOR THE CHART!)

Strong Start for September, but Second Half Could Bring Trouble

As of Friday’s close the market is well above historical average performance in September. DJIA was up nearly 3.1%, S&P 500 was up 2.8%, NASDAQ and Russell 1000 were up 2.7% while Russell 2000 was up 5.6%. Small-caps outperforming large-caps recently is not unusual and they did so again today. However, the second half of September has historically been weaker than the first half. The week after options expiration week can be treacherous with S&P 500 logging 23 weekly losses in 29 years since 1990. End-of-quarter portfolio restructuring, and window dressing can amplify the impacts of any negative headlines.
(CLICK HERE FOR THE CHART!)

Broader Transports Still Outperforming YTD

With shares of FedEx (FDX) on pace for their second worst earnings reaction day since at least 2001, the Dow Transports, an index in which FDX has a weighting of over 8% (after today's decline), is down close to 2%. Historically, the Transports have been considered a leading indicator of the economy, so the weakness in FDX, and by extension, the Dow Transports, is resulting in heightened concerns over the state of the economy. Looking at the chart below, the picture for the Transports doesn't look pretty. The timing of today's decline couldn't have been worse as it came just as the Transports were attempting to break above the highs from July, but now it just looks like the second lower high this year. Following today's declines, the Dow Transports are up 14.7% YTD which is about five percentage points behind the performance of the S&P 500.
(CLICK HERE FOR THE CHART!)
Given the changes in the US economy over time, we've been skeptical of the continued predictive ability of the Transports, but even putting that aside for a moment, a broader look at Transports shows a less pessimistic picture. The chart below shows the performance of the stocks in the S&P 1500 index on an equal-weighted basis so far in 2019. By this measure, today's decline comes after the index made a higher high, and while it's back below those former highs today, with a gain of 20.5% YTD, this broader look at transports is still outperforming the S&P 500 on a YTD basis. It may not be a great picture for this group of transport stocks, but it doesn't really look bad either.
(CLICK HERE FOR THE CHART!)

STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending September 20th, 2019

(CLICK HERE FOR THE YOUTUBE VIDEO!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 09.22.19

(CLICK HERE FOR THE YOUTUBE VIDEO!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • $MU
  • $NIO
  • $AZO
  • $KMX
  • $NKE
  • $BB
  • $RAD
  • $CMD
  • $ACN
  • $UXIN
  • $JBL
  • $INFO
  • $CAG
  • $DAVA
  • $MANU
  • $SNX
  • $FDS
  • $KBH
  • $UEPS
  • $ATU
  • $CTAS
  • $MTN
  • $AGTC
  • $WOR
  • $PIR
  • $ISR
  • $DLNG
  • $CAMP
  • $AIR
  • $FUL
  • $PRGS
  • $CMTL
  • $DYNT
  • $RBZ
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
(CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 9.23.19 Before Market Open:

(CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Monday 9.23.19 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK!]())
NONE.

Tuesday 9.24.19 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK!)

Tuesday 9.24.19 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK!)

Wednesday 9.25.19 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK!)

Wednesday 9.25.19 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK!)

Thursday 9.26.19 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK!)

Thursday 9.26.19 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK!)

Friday 9.27.19 Before Market Open:

([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

Friday 9.27.19 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

Micron Technology, Inc. $49.16

Micron Technology, Inc. (MU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, September 26, 2019. The consensus earnings estimate is $0.43 per share on revenue of $4.51 billion and the Earnings Whisper ® number is $0.49 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat The company's guidance was for earnings of $0.38 to $0.52 per share. Consensus estimates are for earnings to decline year-over-year by 87.92% with revenue decreasing by 46.56%. Short interest has decreased by 21.7% since the company's last earnings release while the stock has drifted higher by 37.1% from its open following the earnings release to be 23.2% above its 200 day moving average of $39.90. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, September 20, 2019 there was some notable buying of 12,865 contracts of the $50.00 put expiring on Friday, September 27, 2019. Option traders are pricing in a 7.5% move on earnings and the stock has averaged a 7.1% move in recent quarters.

(CLICK HERE FOR THE CHART!)

NIO Inc. $3.04

NIO Inc. (NIO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, September 24, 2019. Investor sentiment going into the company's earnings release has 51% expecting an earnings beat The company's guidance was for revenue of $169.00 million to $193.00 million. Short interest has increased by 25.8% since the company's last earnings release while the stock has drifted lower by 26.2% from its open following the earnings release to be 39.6% below its 200 day moving average of $5.03. On Wednesday, September 4, 2019 there was some notable buying of 40,590 contracts of the $1.50 put expiring on Friday, November 15, 2019. Option traders are pricing in a 17.1% move on earnings and the stock has averaged a 9.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

AutoZone, Inc. -

AutoZone, Inc. (AZO) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, September 24, 2019. The consensus earnings estimate is $21.64 per share on revenue of $3.94 billion and the Earnings Whisper ® number is $21.98 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 16.72% with revenue increasing by 10.71%. Short interest has increased by 23.5% since the company's last earnings release while the stock has drifted higher by 15.1% from its open following the earnings release to be 15.6% above its 200 day moving average of $1,003.22. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 5.8% move on earnings and the stock has averaged a 6.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

CarMax, Inc. $84.63

CarMax, Inc. (KMX) is confirmed to report earnings at approximately 7:35 AM ET on Tuesday, September 24, 2019. The consensus earnings estimate is $1.33 per share on revenue of $5.03 billion and the Earnings Whisper ® number is $1.38 per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 7.26% with revenue increasing by 5.54%. Short interest has increased by 0.7% since the company's last earnings release while the stock has drifted lower by 3.6% from its open following the earnings release to be 14.9% above its 200 day moving average of $73.63. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 6, 2019 there was some notable buying of 1,023 contracts of the $92.50 call expiring on Friday, October 18, 2019. Option traders are pricing in a 7.2% move on earnings and the stock has averaged a 6.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Nike Inc $86.68

Nike Inc (NKE) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, September 24, 2019. The consensus earnings estimate is $0.71 per share on revenue of $10.45 billion and the Earnings Whisper ® number is $0.76 per share. Investor sentiment going into the company's earnings release has 65% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.97% with revenue increasing by 5.05%. Short interest has increased by 0.4% since the company's last earnings release while the stock has drifted higher by 3.2% from its open following the earnings release to be 5.1% above its 200 day moving average of $82.50. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, September 16, 2019 there was some notable buying of 4,646 contracts of the $84.00 call expiring on Friday, September 27, 2019. Option traders are pricing in a 5.2% move on earnings and the stock has averaged a 4.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

BlackBerry Limited $7.54

BlackBerry Limited (BB) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, September 24, 2019. The consensus estimate is for a loss of $0.01 per share and the Earnings Whisper ® number is $0.01 per share. Investor sentiment going into the company's earnings release has 32% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 150.00% with revenue increasing by 375.71%. Short interest has increased by 1.0% since the company's last earnings release while the stock has drifted lower by 9.2% from its open following the earnings release to be 6.9% below its 200 day moving average of $8.10. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, September 17, 2019 there was some notable buying of 2,012 contracts of the $8.00 call expiring on Friday, September 27, 2019. Option traders are pricing in a 9.9% move on earnings and the stock has averaged a 7.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Rite Aid Corp. $7.40

Rite Aid Corp. (RAD) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, September 26, 2019. The consensus earnings estimate is $0.08 per share on revenue of $5.42 billion and the Earnings Whisper ® number is $0.10 per share. Investor sentiment going into the company's earnings release has 50% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 900.00% with revenue decreasing by 0.03%. Short interest has increased by 22.2% since the company's last earnings release while the stock has drifted higher by 5.1% from its open following the earnings release to be 36.4% below its 200 day moving average of $11.64. On Wednesday, September 18, 2019 there was some notable buying of 580 contracts of the $7.00 call expiring on Friday, October 18, 2019. Option traders are pricing in a 20.7% move on earnings and the stock has averaged a 20.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Cantel Medical Corp. $85.02

Cantel Medical Corp. (CMD) is confirmed to report earnings at approximately 8:00 AM ET on Monday, September 23, 2019. The consensus earnings estimate is $0.61 per share on revenue of $238.60 million and the Earnings Whisper ® number is $0.61 per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 1.61% with revenue increasing by 4.26%. Short interest has increased by 47.7% since the company's last earnings release while the stock has drifted higher by 27.5% from its open following the earnings release to be 10.7% above its 200 day moving average of $76.78. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, September 20, 2019 there was some notable buying of 571 contracts of the $90.00 call expiring on Friday, October 18, 2019. Option traders are pricing in a 7.0% move on earnings and the stock has averaged a 6.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Accenture Ltd. $193.09

Accenture Ltd. (ACN) is confirmed to report earnings at approximately 6:50 AM ET on Thursday, September 26, 2019. The consensus earnings estimate is $1.71 per share on revenue of $11.08 billion and the Earnings Whisper ® number is $1.74 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 8.23% with revenue increasing by 4.11%. Short interest has increased by 23.3% since the company's last earnings release while the stock has drifted higher by 8.0% from its open following the earnings release to be 11.3% above its 200 day moving average of $173.47. Overall earnings estimates have been unchanged since the company's last earnings release. On Friday, September 13, 2019 there was some notable buying of 1,279 contracts of the $115.00 put expiring on Friday, November 15, 2019. Option traders are pricing in a 4.5% move on earnings and the stock has averaged a 4.2% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Uxin Limited $3.26

Uxin Limited (UXIN) is confirmed to report earnings before the market opens on Monday, September 23, 2019. The consensus estimate is for a loss of $0.09 per share. Investor sentiment going into the company's earnings release has 66% expecting an earnings beat The company's guidance was for revenue of $130.00 million to $137.00 million. Consensus estimates are for earnings to decline year-over-year by 200.00% with revenue increasing by 892.95%. The stock has drifted higher by 44.9% from its open following the earnings release to be 4.5% below its 200 day moving average of $3.41. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, September 20, 2019 there was some notable buying of 509 contracts of the $4.00 call expiring on Friday, October 18, 2019. Option traders are pricing in a 24.5% move on earnings and the stock has averaged a 10.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead wallstreetbets.
submitted by bigbear0083 to wallstreetbets [link] [comments]

Wall Street Week Ahead for the trading week beginning May 27th, 2019

Hey what's happening wallstreetbets! Good morning and happy Saturday to all of you on this subreddit. I hope everyone made out pretty nicely in the market this past week, and are ready for the new holiday-shortened trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning May 27th, 2019.

Trade and the economy have become the new roller coaster for markets - (Source)

Trade headlines could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation data and moves in the bond market, which is flashing new worries about the economy.
Stocks were on a roller coaster ride in the past week, as markets reacted to worsening trade tensions and concerns that negotiations could be prolonged, causing pain for the global economy. But the bond market’s move was perhaps even more dramatic, as yields, which move opposite of price, fell to levels last seen in 2017, and the futures market began to price in three Fed interest rate cuts by the end of next year.
“There’s not a lot of economic data next week, so events hang over us,” said Marc Chandler, chief global strategist at Bannockburn Global Forex. “It’s more about the evolution of old issues than new issues, like trade and Brexit.”
Brexit will continue to be a focus in global markets. U.K. Prime Minister Theresa May stepped aside Friday after failing to get agreement on a plan for the U.K. to leave the European Union. Chandler said investors will be watching the jockeying among candidates hoping to succeed Prime Minister May, with hard line Brexit proponent Boris Johnson expected to seek the job, among others.
As for trade, Chandler said it’s possible that President Donald Trump’s comments that Huawei could be part of a trade deal may be the start of a new approach by the administration to tone down its rhetoric. The telecom giant has been blacklisted by the U.S. and is expected to be denied access to U.S. components for its equipment.
“In some ways, it’s a headline problem. We think of it more as event risk,” said Nadine Terman, CEO and CIO at Solstein Capital. “China thinks in dynasties and U.S. investors seem to think in durations of days and months, so I think we are misunderstanding the duration of their negotiating strategy.”
She said the issues between the two countries go way beyond trade and extend to China’s military aspirations in the South China Sea and its global campaign of influence through the Belt and Road initiative, Chinese President Xi Jinping’s signature program.
“It’s now become more nationalistic, emotional, to say: ‘We’re going against the U.S. and we’ve got to be in it for the long haul.’ I don’t think you have the same emotion here in the U.S. You don’t have the same nationalistic pride to say ‘we have to fight China at all cost,’” she said.
In the past week, Wall Street increasingly began to expect the Trump administration to turn up the pressure on China with another wave of 25% tariffs on the $300 billion or so in goods remaining that have no tariffs. Those tariffs would directly hit American consumer goods and are expected to take a bigger bite out of the economy.
Fears of a trade war hurting global growth and concerns that the U.S. is already beginning to weaken were evident in the bond market. Treasury yields reflected lowered growth expectations. The 10-year hit a low of 2.29% on Thursday and was at 2.32% Friday.
J.P. Morgan economists Friday downgraded their view of the economy, slicing second quarter growth to just 1% from an earlier forecast of 2.25% and first quarter growth of 3.2%. The economists blamed weak U.S. manufacturing data and said risks were signs of weakness in the global economy and also indications that the trade war was hurting business sentiment.
“The concerns the markets have right now are that we’re moving towards a worst case scenario, and that could persist for quite some time,” said Mark Cabana, head of U.S. short rate strategy at Bank of America Merrill Lynch. “If that’s the case, then the market is believing economic data, and the Fed will likely need to respond to that by trying to offset and prevent a recession.”
The most important data point in the coming week will be Friday’s personal consumption expenditures, which includes the PCE deflator inflation data that the Fed monitors. It was at 1.6% year-over-year last month, and is expected to be the same for April, well below the Fed’s target of 2% inflation.
Inflation has become a key focus on Wall Street, particularly after Fed Chair Jerome Powell said low inflation appears to be transitory and not enough of a concern to make the Fed cut interest rates. Powell and other Fed officials have stressed the Fed is pausing in its rate hiking cycle, is monitoring the economy and does not yet know which way it will move next.
Solstein Capital’s Terman said she is watching the PCE inflation report to see if it confirms her view that inflation and the economy will be weaker this summer.
She also expects the markets to be choppy, and by late summer, around its annual Jackson Hole symposium, the Fed could indicate it could cut interest rates.
“People are going to start getting even more concerned this summer about the U.S.,” Terman said.
Terman said she has been positioned for lower inflation and slower GDP growth with key holdings in utilities, REITs, Treasurys and gold.
“What would do well this summer? Staples, utilities, health care, REITs. You want fixed income. You want to be underweight tech, energy, financials and industrials,” she said.
There is also home prices data Tuesday and advanced economic indicators Thursday. That comes in addition to a few earnings reports, including Costco, Ulta Beauty and Dollar General.
Markets will also be watching the outcome of European parliamentary elections, and if there is a strong showing by populists, there could be a negative impact on the euro and risk assets.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Sector Performance WTD, MTD, YTD:

(CLICK HERE FOR FRIDAY'S PERFORMANCE!)
(CLICK HERE FOR THE WEEK-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE MONTH-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 3-MONTH PERFORMANCE!)
(CLICK HERE FOR THE YEAR-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 52-WEEK PERFORMANCE!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART!)

S&P 500 Down Four Straight Day After Memorial Day

Our office will be closed for observance of Memorial Day on Monday, May 27. U.S stock and bond markets will also be closed. As you spend some quality time off with family and friends please take time to commemorate those who have paid the ultimate price while serving in the U.S. military.
For decades the Stock Trader’s Almanac has been tracking and monitoring the market’s performance around holidays. The trading day after Memorial Day has a mixed record going back to 1971. Both S&P 500 and NASDAQ have declined more often than risen on the day, but average performance is still positive. Since 1986, the frequency of gains has improved, and average performance has also risen however, over the last four years S&P 500 has declined. The second trading day after Memorial Day has since more advances than declines, but average performance is negative for NASDAQ. The third day after appears to have the best long- and short-term record combined with solid average performance.
(CLICK HERE FOR THE CHART!)

The Bespoke Report - It's All Relative

Hut, Hut, Cut! With weaker economic data to contend with this week on both a domestic and international basis, plus escalating tensions between the US and China, investors are increasingly pricing in a higher likelihood of rate cuts from the FOMC before the year is out. Through mid-day Friday, the Fed Fund futures market was pricing in over an 85% chance of a rate cut between now and the January 2020 meeting. Those are the kind of odds that would make James Holzhauer say "All in."
(CLICK HERE FOR THE CHART!)

Fed Members Side With “Transitory” Inflation

Investors just got more details on Federal Reserve (Fed) policymakers’ views of inflation.
Minutes of the Fed’s most recent meeting, which ended May 1, showed that “many participants” considered slowing consumer inflation as “transitory,” and agreed that the Fed’s current patient approach should help stoke economic growth and inflation. Policymakers’ optimistic view on inflation runs counter to a growing opinion in financial markets that slowing growth in core personal consumption expenditures (PCE) could warrant lower rates.
Markets think the grace period for a “transitory” excuse has passed, but data show it’s too soon to tell. Another measure of inflation, the Fed Bank of Dallas’s “trimmed mean” PCE measure, points to higher pricing pressures ahead. As shown in the LPL Chart of the Day, the trimmed mean PCE, which has proven to be a less volatile version of core PCE, has hit 2% year-over-year growth for the past several months.
(CLICK HERE FOR THE CHART!)
“It’s tough to make a case for lower rates with over 3% gross domestic product growth, healthy wage growth, and a labor market close to full employment,” said LPL Research Chief Investment Strategist John Lynch. “If consumer inflation picks up, the U.S. economy will be near full employment with healthy inflation across the board, fulfilling the Fed’s dual mandate.”
Of course, much has happened on the global front since the Fed’s last meeting. Trade tensions have flared up again, with the United States raising tariff rates on $200 billion of Chinese imports and threatening to increase rates on the remaining swath of goods. Logically, tariffs should be a catalyst for higher consumer inflation, as higher costs should boost price growth. However, the opposite has happened over the past few months, and there are several factors to consider when thinking about future inflation.
Overall, we don’t see a strong argument for a rate cut right now, and we side with the Fed in thinking consumer inflation could pick up as wage growth accelerates and growth stabilizes. At the very least, it’s becoming more obvious the Fed doesn’t have enough clarity to move policy in either direction.

Another Reason For Bulls To Smile

The S&P 500 Index has officially gained each of the first four months of the year for the first time since 2013. This comes on the heels of the best first quarter since 1998. Six straight months in green has been the best monthly win streak to start a year, and that last happened in 1996.
Starting a year with strength like this historically has been a good sign, even though stocks in May saw a nearly 5% correction.
“Although we wouldn’t be surprised to see continued volatility over the coming months, the good news is a great start to a year has had a funny way of eventually resolving higher,” explained LPL Senior Market Strategist Ryan Detrick. “In fact, the rest of the year has been higher an incredible 14 out of 15 times after the first four months were in the green!”
As our LPL Chart of the Day shows, the S&P 500 returns the rest of the year (final 8 months) have been more than twice as strong as the average year returns—10% versus 4.7%—following four straight monthly gains to kick off a new year. There’s always a catch though, and in this case we’ve seen an average pullback of more than 8% the rest of the year.
(CLICK HERE FOR THE CHART!)

Earnings Season Takeaways

We consider earnings season a success based on the amount of upside to prior estimates generated by S&P 500 Index companies despite several headwinds. Companies handily beat expectations to get first quarter earnings up to flat, as shown in the LPL Chart of the Day.
(CLICK HERE FOR THE CHART!)
When earnings season began in mid-April, consensus estimates called for a 4–5% drop in S&P 500 earnings, according to FactSet data. Beating results by this much is impressive considering persistent trade uncertainty and the drag on overseas profits from a strong U.S. dollar. Also consider that the median stock in the S&P 500 has grown earnings several percentage points faster because a few large companies are dragging down the market-cap-weighted calculation.
Resilient estimates are also encouraging. Since April 15, the 2019 consensus estimate for S&P 500 earnings per share has risen slightly to $168 (a 4% year-over-year increase). We consider that a win given that estimates typically fall during earnings season.
“Escalating trade uncertainty and the threat of more tariffs are huge wild cards for corporate profits,” said LPL Chief Investment Strategist John Lynch. “We are hopeful that significant progress can be made on the trade front next month, when President Trump and China’s President Xi are expected to meet at the G20 summit. A prolonged impasse that lasts through the summer would make mid-single-digit earnings growth difficult to achieve in 2019.”
Our base case remains that we will get a trade deal with China early this summer and consensus expectations for 3–4% earnings growth may prove to be conservative. Earnings are hardly booming, but with a continued economic expansion, low inflation, and low interest rates, we see enough earnings growth ahead to push stocks up to our year-end S&P 500 fair value target of 3,000—though it probably won’t get there in a straight line.

Pre-election Year June: Tech and Small-caps Best

June has shone brighter on NASDAQ stocks over the last 48 years as a rule ranking eighth with a 0.6% average gain, up 26 of 48 years. This contributes to NASDAQ’s “Best Eight Months” which ends in June. June ranks near the bottom on the Dow Jones Industrials just above September since 1950 with an average loss of 0.3%. S&P 500 performs similarly poorly, ranking tenth, but essentially flat (–0.02% average). Small caps also tend to fare well in June. Russell 2000 has averaged 0.6% in the month since 1979.
In pre-election years since 1950, June ranks no better than mid-pack. June is the #8 DJIA month in pre-election years averaging a 0.8% gain with a record of nine advances in seventeen years. For S&P 500, June is #5 with an average gain of 1.2% (10-7 record). Pre-election year June ranks #6 for NASDAQ and #7 for Russell 2000 with average gains of 1.9% and 1.1% respectively. Recent pre-election year Junes in 2015, 2011 and 2007 were troublesome for the market as DJIA, S&P 500 and NASDAQ all declined (Russell 2000 eked out a modest gain in 2015).
(CLICK HERE FOR THE CHART!)

STOCK MARKET VIDEO: Stock Market Analysis Video for May 24th, 2019

(CLICK HERE FOR THE YOUTUBE VIDEO!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 05.26.19

(CLICK HERE FOR THE YOUTUBE VIDEO!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • $NIO
  • $MOMO
  • $GOOS
  • $COST
  • $PANW
  • $ZS
  • $OKTA
  • $WDAY
  • $NTNX
  • $ULTA
  • $DKS
  • $VEEV
  • $ANF
  • $BZUN
  • $DG
  • $DLTR
  • $BNS
  • $YY
  • $MRVL
  • $ASND
  • $CSIQ
  • $CPRI
  • $BAH
  • $BURL
  • $VMW
  • $AMWD
  • $KEYS
  • $ZUO
  • $BMO
  • $PLAN
  • $JT
  • $HEI
  • $GPS
  • $NXGN
  • $PVH
  • $QTNT
  • $NM
  • $EXPR
  • $SAFM
  • $BITA
  • $CMCO
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
(CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 5.27.19 Before Market Open:

([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!)

Monday 5.27.19 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!)

Tuesday 5.28.19 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 5.28.19 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 5.29.19 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 5.29.19 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 5.30.19 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 5.30.19 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 5.31.19 Before Market Open:

(CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Friday 5.31.19 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

NIO Inc. $3.86

NIO Inc. (NIO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat The company's guidance was for revenue of $202.00 million to $220.00 million. Short interest has increased by 127.4% since the company's last earnings release while the stock has drifted lower by 53.3% from its open following the earnings release. On Friday, May 17, 2019 there was some notable buying of 20,289 contracts of the $4.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 16.5% move on earnings and the stock has averaged a 12.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Momo Inc. $26.02

Momo Inc. (MOMO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.54 per share on revenue of $533.07 million and the Earnings Whisper ® number is $0.57 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for revenue of $529.00 million to $544.00 million. Consensus estimates are for earnings to decline year-over-year by 21.74% with revenue increasing by 22.51%. Short interest has decreased by 3.1% since the company's last earnings release while the stock has drifted lower by 27.9% from its open following the earnings release to be 25.6% below its 200 day moving average of $34.98. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, May 10, 2019 there was some notable buying of 2,208 contracts of the $30.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 13.3% move on earnings and the stock has averaged a 13.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Canada Goose Holdings Inc. $47.89

Canada Goose Holdings Inc. (GOOS) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $0.02 per share on revenue of $118.39 million and the Earnings Whisper ® number is $0.06 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 71.43% with revenue increasing by 19.86%. Short interest has increased by 24.8% since the company's last earnings release while the stock has drifted lower by 19.9% from its open following the earnings release to be 18.7% below its 200 day moving average of $58.93. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 11.1% move on earnings and the stock has averaged a 15.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Costco Wholesale Corp. $247.30

Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $1.83 per share on revenue of $34.80 billion and the Earnings Whisper ® number is $1.84 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 7.65% with revenue increasing by 7.54%. Short interest has decreased by 2.4% since the company's last earnings release while the stock has drifted higher by 9.7% from its open following the earnings release to be 9.2% above its 200 day moving average of $226.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, May 14, 2019 there was some notable buying of 3,428 contracts of the $250.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 3.8% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Palo Alto Networks, Inc. $216.26

Palo Alto Networks, Inc. (PANW) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $1.25 per share on revenue of $703.44 million and the Earnings Whisper ® number is $1.29 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat The company's guidance was for earnings of $1.23 to $1.25 per share on revenue of $697.00 million to $707.00 million. Consensus estimates are for year-over-year earnings growth of 20.19% with revenue increasing by 24.04%. Short interest has decreased by 8.1% since the company's last earnings release while the stock has drifted lower by 16.2% from its open following the earnings release to be 1.2% above its 200 day moving average of $213.65. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, May 16, 2019 there was some notable buying of 1,160 contracts of the $237.50 call expiring on Friday, June 7, 2019. Option traders are pricing in a 8.4% move on earnings.

(CLICK HERE FOR THE CHART!)

Zscaler, Inc. $73.76

Zscaler, Inc. (ZS) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $0.01 per share on revenue of $74.54 million and the Earnings Whisper ® number is $0.03 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat The company's guidance was for earnings of approximately $0.01 per share on revenue of $74.00 million to $75.00 million. Consensus estimates are for year-over-year earnings growth of 116.67% with revenue increasing by 51.62%. Short interest has decreased by 8.0% since the company's last earnings release while the stock has drifted higher by 28.3% from its open following the earnings release to be 50.6% above its 200 day moving average of $48.98. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, May 20, 2019 there was some notable buying of 1,380 contracts of the $72.50 put expiring on Friday, June 7, 2019. Option traders are pricing in a 13.6% move on earnings and the stock has averaged a 16.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Okta, Inc. $109.63

Okta, Inc. (OKTA) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.21 per share on revenue of $116.66 million and the Earnings Whisper ® number is ($0.17) per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat The company's guidance was for a loss of $0.22 to $0.21 per share on revenue of $116.00 million to $117.00 million. Consensus estimates are for earnings to decline year-over-year by 133.33% with revenue increasing by 39.51%. Short interest has increased by 33.4% since the company's last earnings release while the stock has drifted higher by 46.6% from its open following the earnings release to be 48.1% above its 200 day moving average of $74.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, May 21, 2019 there was some notable buying of 1,003 contracts of the $90.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 10.9% move on earnings and the stock has averaged a 8.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Workday, Inc. $210.72

Workday, Inc. (WDAY) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.41 per share on revenue of $814.68 million and the Earnings Whisper ® number is $0.44 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat The company's guidance was for revenue of $812.00 million to $814.00 million. Consensus estimates are for year-over-year earnings growth of 7.89% with revenue increasing by 31.69%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted higher by 5.4% from its open following the earnings release to be 27.6% above its 200 day moving average of $165.20. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, May 23, 2019 there was some notable buying of 1,587 contracts of the $235.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 7.8% move on earnings and the stock has averaged a 25.2% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Nutanix, Inc. $35.14

Nutanix, Inc. (NTNX) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.60 per share on revenue of $296.48 million and the Earnings Whisper ® number is ($0.58) per share. Investor sentiment going into the company's earnings release has 40% expecting an earnings beat The company's guidance was for a loss of approximately $0.60 per share on revenue of $290.00 million to $300.00 million. Consensus estimates are for earnings to decline year-over-year by 185.71% with revenue increasing by 2.44%. Short interest has increased by 59.1% since the company's last earnings release while the stock has drifted lower by 4.4% from its open following the earnings release to be 20.5% below its 200 day moving average of $44.18. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, May 15, 2019 there was some notable buying of 5,000 contracts of the $40.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 15.3% move on earnings and the stock has averaged a 11.3% move in recent quarters.

(CLICK HERE FOR THE CHART!)

ULTA Beauty $335.09

ULTA Beauty (ULTA) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $3.06 per share on revenue of $1.74 billion and the Earnings Whisper ® number is $3.10 per share. Investor sentiment going into the company's earnings release has 87% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 16.35% with revenue increasing by 12.72%. Short interest has increased by 16.3% since the company's last earnings release while the stock has drifted higher by 2.2% from its open following the earnings release to be 14.1% above its 200 day moving average of $293.81. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.7% move on earnings and the stock has averaged a 6.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week ahead?
I hope you all have a fantastic Memorial Day weekend with family and friends, and a great trading week ahead wallstreetbets! :)
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Forex trading is like the risky sea where you can meet lots of sharks but on the other hand, it is the only market where two weeks of trading can give you $10,000 out of $100 of initial investment. Many newbie traders speculate without any logic, that surely bring them to having nothing in the end. You should always keep the phrase "be careful!" in your mind. Forex market give you its profit ... I spend 10 years of my life and lost a lot before I start trading in profit. I found good strategy 7 years ago what bring me 30x times more then I invest… For example in 1 month I was able to make from $1 000 ->>> $30 000 but I had big problem wit... Hello, I'm wondering if forex trading is a good side hustle/hobby to pay for the bills etc. while I pursue my career. I love that you can do this anywhere, anytime, and you don't need to invest in setting up a website or buying equipment/products upfront in order to make a profit. Forex trading is like a sea which has no end so your point is right that forex is such a business which has no end it is too much vast business some people thinks it is like a gamble but it is not true it is proper business in which after working hard we can gain easily high income and much earning. There are many brokers like to write some great comments about themselves by their own Staffs, But I am not one of Robo Forex Staff and also I am not an affiliate or sponsor of Robo Forex, I am just a trader and I trade with Robo Forex for about 6 months now, and I am just telling you about my own personal experience with Robo Forex. I am so happy and satisfy to trade with them. I can ... Actually it is a very good question but must see whether the person is a novice or a professional trader. If you are a novice with minimum understanding , I would answer you yes as it is more volatile than stock market. A novice is less likely to ... Commodities can be tricky to trade. They usually don’t behave like Forex currency pairs, but they don’t typically behave like major stock market indices or individual stocks either. For example, major Forex currency pairs tend to move in relatively small waves most of the time, and often trend quietly, with no real difference between short ... Its really fishy but i cant quite say 100% that its a scam, but im like 90% sure its another fish in a sea of forex education scams. Thoughts? Let me know what you guys think! 36 comments. share. save. hide. report. 56% Upvoted. This thread is archived. New comments cannot be posted and votes cannot be cast. Sort by . best. level 1. 28 points · 2 years ago. Every trade he makes, he wins, and ... Well their is enough dough in FOREX INDUSTRY, once u know the right trader believe me, u are made. About MBA, I can't say but forex yes, too much money dey for forex I like your simplicity, and honesty. I wish I could have what it takes (financially) to get started with Forex Trading, or at least invest in those expert forex traders like MBA. I can simply say that, Robo Forex is just Awesome, This is the best broker ever… Everything is fast… Trade Execution is less than 1 Second… They never have such RE-QUOTES , OFF- QUOTES , INVALID PRICES or DISCONNECTION of MT4. Everything goes smooth & fast… Most importantly is Withdrawal, I just had my last withdrawal today Via Webmoney, & You Know What ? When I clicked to confirm my ...

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CAN'T SAY I SEA LIKE THE OCEAN// Dj Woven Remix of ...

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. One of the most requested song of its time. Personally, I think this is a classic. It is overwhelming to see so many people share my view. Please note this v... In this video, we look at what hell is like according to the bible. 📘 FREE eBOOK & NEWSLETTER 📬 https://dlmchristianlifestyle-4f20.subscribemenow.com/ 👕 MERC... How much money do forex traders make? I'm going to share with you how much money can you make from forex trading. I'm going to show you the forex trading mon... SZA's "CTRL" available on: Apple Music - http://smarturl.it/iCTRL Spotify - http://smarturl.it/sCTRL Soundcloud - http://smarturl.it/scCTRL Tidal - http://sm... Because of its extremely high salt content, no animal or plant life can survive in the Dead Sea. So why do tourists from around the world flock to bathe in i... [Music] laughs stupid hi so i can't remember if i've ever said this online but one of my favorite tv shows of all time is hannibal it's so disgusting it's amazingly shot it's ... Don't like this video? Sign in to make your opinion count. ... Sea Groove - Duration: 4:29. Big Boss Man ... Give It While You Can - Duration: 4:35. themetersfunk 10,100 views. 4:35. The Meters ... "It’s better to look back on life and say, 'I can’t believe I did that,' than to look back and say, 'I wish I did that.'"

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